VPower Group International Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the company expected that the company will record a consolidated loss attributable to the owners of the Company in the range of approximately HKD 300 million and HKD 350 million for the Reporting Period, as compared to the consolidated profit attributable to the owners of the Company of approximately HKD 60.7 million for the corresponding period in 2022. The expected consolidated loss for the Reporting Period is primarily attributed to (i) a decrease in gross profit of approximately HKD 250 million mainly due to, among other reasons, the scaling down of the Group's business and operations in Myanmar; (ii) an increase in share of loss of approximately HKD 60 million from a joint venture with investments and operations of three power projects in Myanmar; and (iii) an increase in finance costs and other expenses of approximately HKD 60 million.