Global Mastermind Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the period, the company expects to the loss of the Group to decrease by around 76% to 81% as compared to the loss of HKD 162.82 million for the year ended 31 December 2022. This decrease in loss is mainly attributable to a decrease in the allowance for expected credit loss on loan receivables, a decrease in the allowance for expected credit loss on account receivables from securities margin clients, and the absence of the previous year's income tax expense in the amount of HKD 12.40 million.