Litu Holdings Limited provided group earnings guidance for the year ended 31 December 2023. For the year, the group expects to record a loss attributable to owners of the Company in the range of approximately HKD 153.8 million to HKD 173.8 million for the year ended 31 December 2023, as compared to the profit attributable to owners of the Company of approximately HKD 6.2 million for the corresponding period of 2022. The loss attributable to owners of the Company was primarily attributable to: (i) the decline in share of result of an associate of approximately HKD 32.0 million; (ii) the recognition of impairment loss on interest in an associate of approximately HKD 66.4 million; and (iii) the recognition of impairment loss on goodwill of approximately HKD 92.7 million.