GDH Guangnan (Holdings) Limited provided consolidated earnings guidance for the three months ended 31 March 2024. For three months, the expected to decrease by approximately 41% with reference to the unaudited consolidated profit attributable to owners of the Company of HKD 16.37 million for the three months ended 31 March 2023. The expected decrease in the unaudited consolidated profit attributable to owners of the
Company was primarily due to the following factors: Competition in the tinplating industry has intensified, coupled with a period-on-period decrease in sales volume and selling price for the group's tinplate products, which resulted in a decrease in profits of the tinplating business; and The pig farming industry in Mainland China is facing a complicated and severe situation. Due to the continuing low swine price, the associated companies engaged in pig farming and pig sales recorded increased losses.