The board of directors of Tse Sui Luen Jewellery (International) Limited informed the shareholders of the Company and potential investors that, based on the Board's preliminary review of the latest unaudited consolidated management accounts of the Group for the six months ended 30 September 2023 and other information currently available, the Group expects to record a loss attributable to owners of the Company of not less than approximately HKD 50 million for the six months ended 30 September 2023 as compared to the profit attributable to owners of the Company of approximately HKD 2 million for the six months ended 30 September 2022.