CITIC Resources Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the year, the Group is expected to record an unaudited consolidated profit attributable to Shareholders of approximately HKD 495 million to HKD 605 million for the year ended 31 December 2023, representing a decrease of approximately 55% to 60% as compared to the year ended 31 December 2022. The expected decrease in the unaudited consolidated profit attributable to Shareholders for the Reporting Period is mainly attributable to the following factors: a significant decrease in average selling price of crude oil sold by the Group for the Reporting Period, as compared to the year ended 31 December 2022; and a significant decrease in the share of profit of an associate, as compared to the year ended 31 December 2022, as well as a preliminarily estimated provision for impairment of an associate for the Reporting Period.