Capital VC Limited provided consolidated earnings guidance for the six months ended March 31, 2024. Based on the preliminary assessment of the group's unaudited management accounts for the six months ended 31 March 2024 (current period) and information currently available to the Board, unaudited consolidated net profit for the Current Period is expected to be recorded as compared to unaudited consolidated net loss for the six months ended 31 March 2023 (Period 2023) as set out in the 2022/23 interim report of the Company. Such change is mainly attributable to the net effect of the improving performance of the Group's listed investments and the expected credit loss on the Group's other receivables recognised in the Current Period.

The Group recorded net loss on listed investments of approximately HKD 68.3 million in the Period 2023, while net gain on listed investments of approximately HKD 41.4 million was recorded in the Current Period. In relation to the expected credit loss assessment, the Group recognised expected credit loss on other receivables for approximately HKD 19.1 million in the Current Period, while the Group reversed the expected credit loss on bonds investment and deposits and other receivables totaling HKD 10.2 million in Period 2023. In addition to the above, taking into account of administrative and other expenses, the Group expects net profit of approximately HKD 18 million to HKD 22 million would be recorded in its financial statements for the Current Period.