China Wantian Holdings Limited provided consolidated earnings guidance for the nine months ended 31 December 2023. For the period, the company is expected that the Group will record a net loss of approximately HKD 46 million for the Period as compared to a net loss of approximately HKD 28 million for the year ended 31 March 2023. The Board considers that the expected increase in the net loss for the Period was mainly attributable to the recognition of a non-cash impairment loss on goodwill arising from the acquisition of Champion Point Limited in November 2022; and the increase in the operating loss from the catering services segment due to the Group's expansion of the catering business given that the revenue generated from the newly opened eateries in the Greater Bay Area was yet to cover the operating costs incurred, including fixed costs and depreciation.