Road King Infrastructure Limited provided earnings guidance for the year ended 31 December 2023. Based on the information currently available to the management, the Group is expected to record a net loss attributable to owners of the Company ranging from approximately HKD 3,900 million to HKD 4,200 million for the year ended 31 December 2023 (the "Year") (2022: net loss of HKD 495 million). The net loss of the Year was primarily attributable to: (i) the overall sluggish property market and severe operating environment in the industry, which resulted in the reduction in delivery area and substantial deterioration in profit margin of the property projects in Mainland China and Hong Kong and the increase in impairment provision for properties and related assets; and (ii) the exchange loss of approximately HKD 660 million arisen from the continuous depreciation of Renminbi during the Year.