Beijing Gas Blue Sky Holdings Limited provided group earnings guidance for the year ended 31 December 2023. For the period, it is expected that the Group will record a profit of not less than HKD 90,000,000, as compared to a profit of approximately HKD 11,584,000 for the same period last year, representing an increase of not less than approximately 677%. The expected increase in the Group's profit for the year is mainly due to: (i) the completion of the Group's acquisition of the city gas project in Tengxian County, Guangxi at the end of 2022, which made contribution to the Group's city gas business and the Group's profit for the year in the Year; (ii) the increase in the profit attributable to the project of PetroChina Jingtang LNG Co.

Ltd. during the Year as compared to fiscal year 2022; and (iii) the decrease in recognition of legal and professional fees during the Year as compared to fiscal year 2022, as the expenses for the relevant professional services for the resumption of trading in the shares of the Company have been recognized by the Group in fiscal year 2022 and such expenses incurred are non-recurring items.