Dynamic Holdings Limited provided earnings guidance for the six months ended 31 December 2023. For the period, the Company is expected to record a consolidated net profit for the Period attributable to the Shareholders of approximately HKD 5,366 million (2022: HKD 1,476,000). Such increase is mainly attributable to the recognition of the fair value gain of approximately HKD 12,630 million (being a non-cash item) by reference to a valuation of the Group Allocated Land, net of relevant deferred taxation of approximately HKD 7,250 million (to be settled when the relevant properties are developed and being disposal of).

It should be noted that there will be relevant substantial construction and development costs required to be incurred by the Group in connection with the Group Allocated Land in the future.