Carrianna Group Holdings Company Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group expects to record a loss of not more than HKD 190 million as compared to the profit of approximately HKD 25 million in the previous year. The Group's loss for the year was mainly attributable to: the disruptions to the restaurant and food business due to the outbreak of the COVID-19 pandemic, in particular, the city lockdown of Hainan in the last two weeks before the Mid-Autumn Festival, which affected significantly on the mooncake sales this year; the impact of exchange loss on investment property valuation due to devaluation of Renminbi against Hong Kong dollars during the year; and increase in the finance costs due to the increase in interest rates in bank borrowings.