Far East Hotels and Entertainment Limited provided group earnings guidance for the year ended March 31, 2023. For the period, The board of directors of the Company informed the shareholders and potential investors of the Company that the annual results of the Group for the year ended 31 March 2023 are expected to record a net loss in the region of HKD 10 million compared with the net profit of approximately HKD 54 million for the year ended 31 March 2022. Based on the information currently available, the expected loss is primarily due to the fact that the increase in fair values of investment properties for the Year was significantly lower compared with the corresponding period in 2022.