VPower Group International Holdings Limited provided unaudited consolidated earnings guidance for the year ended December 31, 2023. For the period, the group expected that the Company will record a consolidated loss attributable to the owners of the Company of approximately of HKD 2,800 million for the Reporting Period as compared to the audited consolidated loss attributable to the owners of the Company of approximately HKD 316.9 million for the year ended 31 December 2022. The expected increase in the consolidated loss attributable to the owners of the Company is mainly attributable to a significant drop of gross profit of approximately HKD 600 million due to the decrease in total revenue and the gross loss of the system integration business segment; an impairment of approximately HKD 1,200 million of trade receivables, property, plant and equipment and intangible assets; and a share of loss of approximately HKD 700 million from a joint venture with investments of three power projects in Myanmar.