Lai Sun Development Company Limited provided unaudited consolidated guidance for the six months ended 31 January 2023. For the period, the company Period is expected to be within the range of approximately HKD 1,300 million to HKD 1,400 million as compared to a consolidated loss attributable to owners of the Company of approximately HKD 479.9 million for the same period last year. Such decline in the Group's results is primarily due to substaintial decrease in valuations of investment properties owned by the Group and held through joint ventures of the Group during the Period as compared to the same period last year.