International Entertainment Corporation provided unaudited consolidated earnings guidance for the six months ended 31 December 2023. For the period, Group is expected to record a loss attributable to owners of the Company of approximately HKD 36.1 million. The increase in loss was mainly attributable to, among others, net effect of the following factors: an increase of approximately HKD 11.7 million in revenue from the Group's gaming operation due to the recovery of the gaming industry in the Philippines since the country reopened its international borders and dropped all capacity restrictions and lockdowns in the first half of 2022; a fair value gain of investment properties of approximately HKD 7.1 million recorded in the Period as compared to a fair value loss of approximately HKD 16.0 million recorded in the Previous Period because expected future cash flow has improved; an increase in general and administrative expenses of approximately HKD 38.5 million as more expenses such as legal and professional fee, staff costs and etc., were incurred to prepare for operating and managing the casino by the Group under the Provisional License granted on 27 September 2023; an increase in interest on bank borrowings of approximately HKD 10.5 million as a bank loan of approximately HKD 608.9 million (PHP 4.32 billion) was obtained to finance the funding need for developing, operating and managing the casino by the Group under the Provisional License granted on 27 September 2023; and an increase in net foreign exchange loss of approximately HKD 11.9 million.