Nan Nan Resources Enterprise Limited provides earnings guidance for the six months ended 30 September 2023. The Group would be expected to record a change from approximately HKD 241.73 million in loss for the six months ended 30 September 2022 (the "2022 Interim Period") to not less than HKD 16.00 million in profit for the six months ended 30 September 2023 (the "2023 Interim Period"). However, the Group expects a decrease of revenue by approximately HKD 56.61 million or approximately 51.13% from approximately HKD 110.71 million for the 2022 Interim Period to approximately HKD 54.10 million for the 2023 Interim Period mainly due to a reduction of coal sales in the coal mining business of the Company, and the Group expects to experience a decrease of gross profit by approximately HKD 52.97 million or approximately 87.24% from approximately HKD 60.72 million for the 2022 Interim Period to approximately HKD 7.75 million for the 2023 Interim Period mainly due to the aforementioned reduction in sales of the coal mining business of the Company.