Digital Domain Holdings Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the Company expects that the additional actors' strike is likely to lead to more delays in the Group's visual effects ("VFX") projects and therefore lower revenue being recognized for so long as these strikes remain unresolved. Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for 1H2023, the Company expects that the Group would record a consolidated net loss
before taxation for 1H2023 (not yet include loss attributable to the Group's feature film referred to below) within the range of approximately HKD 135 million to HKD 145 million (whereas its consolidated net loss before taxation for the six months ended 30 June 2022 was approximately HKD 126 million). Due to the tepid interest of the public in the feature film "Children of the Corn" which was co-produced by the Group with other partners and globally released in March 2023, the Company expects that all or part of its investment in the feature film (of approximately HKD 128 million) recognized on its consolidated balance sheet will need to be charged to the Group's income statement and contribute to additional loss to the Group for 1H2023.