HKE Holdings Limited provided earning guidance for year ended 30 June 2023. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and the potential investors that, based on the information currently available to the Board for the time being and the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 30 June 2023 (the "Management Accounts"), the Group is expected to record a loss of approximately SGD 14.5 million for the year ended 30 June 2023 as compared to a loss of approximately SGD 11.2 million for the year ended 30 June 2022. The expected increase in loss was mainly attributable to (i) the increase in staff costs mainly arising from the expanding headcount of professional talents for the development of the fintech platform business (the "FinTech Platform Business") and the application of the Virtual Asset Trading Platform Operators Licence; and (ii) the increase in IT related expenses for the FinTech Platform Business.