The board of directors of Champion Technology Holdings Limited provided group earnings guidance for the six months ended 31 December 2023. For the period, the Group is expected to record a substantial increase in revenue and record a consolidated net profit attributable to shareholders (before taking into account of other comprehensive income & expenses) of approximately HKD 50 million, as compared with a net loss attributable to shareholders of approximately HKD 6.0 million (before taking into account of other comprehensive income & expenses) for the six months ended 31 December 2022. The recognition of a consolidated net profit attributable to shareholders for the six months ended 31 December 2023 was primarily attributed to the substantial increase in revenue from smart city solution business segment; and the one-off gain recorded from the disposal of interest in a hotel located in Dongguan.