Public Financial Holdings Limited provides consolidated earnings guidance for the six months ending 30 June 2024. For the period, the Group expects to record a loss attributable to equity shareholders of the Company of approximately HKD 30 million, as compared with a profit of HKD 114 million for the six months ended 30 June 2023, mainly due to: an increase in expected credit loss provision by approximately HKD 80 million, mainly from hire purchase loans amidst a noticeable decline in the value of public vehicle licences and increased delinquency and bankruptcy from personal lending borrowers; a decrease in net interest income by approximately HKD 35 million attributed to the hike in funding cost; and a decrease in fair value of investment properties by approximately HKD 25 million in the first half of year 2024 as compared to a revaluation gain of HKD 7 million in the corresponding period of 2023.