Creative China Holdings Limited provided preliminary unaudited consolidated group earnings guidance for the three months ended 31 March 2023. For the period, the company expects to record a loss not exceeding RMB 7.0 million as compared to the loss of approximately RMB 3.9 million for the corresponding period in 2022. The Board considers that the increase in loss for the Period is mainly due to increase in costs in relation to livestreaming e-commerce segment; exchange losses, and interest in borrowings.