Sino ICT Holdings Limited provided earnings guidance for the year ended 31 December 2023. For the period, the company expects that it will record a loss attributable to the owners of the Company not exceeding HKD 67,000,000, while the restated loss attributable to owners of the Company are in Hong Kong dollars for the year ended 31 December 2022 was HKD 24,741,000. Based on currently available information, the Board believes that the reasons for the relative increase in losses this year compared to Year 2022 include the Group's main business was affected by the market environment and the segment's gross profit contribution decreased; the Group's energy business has a long industry cycle and is still in the growth stage, with a high initial total investment amount, which in turn leads to an increase in financing costs and depreciation, reflecting in an increase in loss attributable to the owners of the Company; due to the adjustment of the Company's business planning this year, the administrative expenses have increased; and there were many uncertainties in the macroeconomic environment this year, which affected the overall performance of the Group.