The board of directors (the "Board") of Huscoke Holdings Limited announced that, based on a preliminary review of the unaudited consolidated management accounts of the Group for the twelve months ended 31 December 2022 (the "Period") and the information currently available, the Group is expected to record gross loss for the Period of approximately HKD 111 million, the gross profit for the corresponding period in 2021 was approximately HKD 113 million.