GOME Retail Holdings Limited provided earnings guidance for the first half of 2023. For the period, the company expects sales revenue during the Reporting Period is expected to decline by over 90% from RMB 12,109 million for the corresponding period last year. Due to substantial decrease in revenue, increase in penalty interest and litigation expenses from overdue debts, the Group 's loss attributable to owners of the parent during the Reporting Period is expected to increase by approximately 15% to 25% from RMB 2,966 million for the corresponding period last year.