The board of Far East Holdings International Limited informed the shareholders of the Company and potential investors that, based on a preliminary review of the unaudited financial information of the Group for the six months ended 30 June 2023, the Group expects to record an unaudited loss for the Period of not less than approximately HKD 17 million as compared to the loss of approximately HKD 13 million for the corresponding period in 2022. The expected loss was mainly attributable to the increase in finance costs mainly due to increase in interest rates.