Green Economy Development Limited provided earnings guidance for the year ended 31 March 2023. For the year, Group is expected to record an unaudited consolidated net loss attributable to owners of the Company of approximately HKD 85.3 million for the year ended 31 March 2023, represents an increase in loss of approximately HKD 71.7 million compared to an audited consolidated net loss attributable to owners of the Company of approximately HKD 13.6 million for the year ended 31 March 2022. The Company considers that such increase in loss of approximately HKD 71.7 million was mainly attributable to the decrease in gross profit from HKD 115.0 million for the year ended 31 March 2022
(restated from HKD 89.3 million shown in the annual report for the year of 2022) to HKD 12.8 million for the year ended 31 March 2023.