Integrated Waste Solutions Group Holdings Limited provided earnings guidance for the year ended 31 March 2023. Based on the preliminary assessment by the Company's management according to the Group's latest unaudited consolidated management accounts and the other information currently available, the Group is expected to record an increase of about 45% in loss attributable to Shareholders for the year ended 31 March 2023 as compared to a loss attributable to Shareholders of approximately HKD 27.6 million for the year ended 31 March 2022. The increase in net loss was mainly attributable to the combined effect of (1) recognition of a loss on foreign currency translation due to the depreciation of Renminbi a joint venture.