Imagi International Holdings Limited provided earning guidance for the six months period ended 30 June 2023. The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that based on the preliminary assessment of unaudited consolidated management accounts of the Company (the "Management Accounts") for the six months period ended 30 June 2023 (the "Period") and information currently available to the Company, the Group expects to record a net profit of approximately HKD 5 million for the Period, representing a period-on-period decrease of approximately 72% as compared to a net profit of approximately HKD 18 million recorded in the corresponding period in 2022 (the "Previous Period"). The Board considers that the estimated decrease in net profit for the Period as compared to the Previous Period was primarily attributable to, among other factors, (i) reduction in revenue from securities brokerage and asset management segment and provision of finance segment for the Period by approximately 29% and 34% respectively; and (ii) increase in unrealized losses from changes in fair value of listed equity investments classified as held-for-trading from approximately HKD 2 million recorded in the Previous Period to approximately HKD 7 million for the Period.

The aforementioned factors were partially offset by absence of net realized losses from sales of listed equity investments classified as held-for-trading for the Period (Previous Period: approximately HKD 7.9 million).