Vision Values Holdings Limited provided earning guidance for six months ended 31 December 2023. The board of directors of the Company informed the shareholders (the "Shareholders") and potential investors of the Company that the Group is expected to record a loss attributable to owners of the Company of approximately HKD 27.0 million for the six months ended 31 December 2023 (the "Financial Period") (2022: HKD 3.7 million). Based on the information currently available, the loss of the Group for the Financial Period is mainly attributable to a fair value loss on investment properties.

The fair values of the Group's investment properties as at 31 December 2023 are required to be valued by an independent qualified valuer. Based on the valuer's preliminary valuation work, a loss on fair value changes of approximately HKD 19.9 million will be recorded for the Financial Period (2022: Fair value gain of HKD 5.5 million). The fair value change is a non-cash item and will not affect the cash flow of the Group.