Wanka Online Inc. provided consolidated earnings guidance for the year ended 31 December 2023. The group is expected to record a profit after taxation in the range of RMB 15.0 million to RMB 25.0 million for the year ended 31 December 2023, as compared to a loss after taxation of approximately RMB 128.6 million for the year ended 31 December 2022. Based on the information currently available, the Board believes that the above result was primarily attributable to the decrease in impairment loss on goodwill of the cash-generating unit of the online-video distribution services segment in the range of RMB 149.0 million to RMB 153.0 million.