Great World Company Holdings Ltd. provided earning guidance for the nine months ended 31 December 2022. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that, based on preliminary assessment of the unaudited consolidated management accounts of the Group for the nine months ended 31 December 2022 and the information currently available to the Company, it is expected that the Group will record an unaudited consolidated net loss attributable to the owners of the Company for the nine months ended 31 December 2022 of approximately HKD 31 million, representing an increase of approximately 117% as compared to the unaudited consolidated net loss of the Group attributable to the owners of the Company of approximately HKD 14,234,000 for the nine months ended 31 December 2021. The expected increase in
unaudited consolidated net loss attributable to the owners of the Company is mainly due to, among others, the impact on substantial decrease in revenue as well as gross profit recorded by the Group during the nine months ended 31 December 2022.