Crown International Corporation Limited provided consolidated earnings guidance for the year ended 31 March 2023. The board of directors of the Company informed the shareholders of the company and potential investors that based on the preliminary assessment of the Board with reference to the unaudited consolidated management accounts of the Group for the year ended 31 March 2023 (the Current Year) and other information currently available to the Board, the Group would record consolidated loss attributable to the Shareholders for the Current Year in the range of between HKD 1 billion and HKD 1.2 billion while there was consolidated loss attributable to the Shareholders of approximately HKD 727 million for the year ended 31 March 2022 (the Last Year).