K W Nelson Interior Design and Contracting Group Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the year, company expects that the Group will record a net loss of not less than HKD 6.0 million for the Year as compared with a net loss of HKD 3.4 million for the year ended 31 December 2022. The Board considers that the aforesaid loss incurred for the Year was mainly attributable to the combined effect of the facts that (i) decrease in the number of design and decoration projects during the Year; and (ii) recognition of impairment loss on trade receivables of approximately HKD 0.9 million (Corresponding Year: Reversal of impairment loss of approximately HKD 0.5 million).