China Dredging Environment Protection Holdings Limited provided group earnings guidance for the year ended 31 December 2023. For the year, the group expects to record a net loss of approximately RMB 211.9 million for the year ended 31 December 2023 as compared to a net loss of approximately RMB 315.1 million for the year ended 31 December 2022. The estimated net loss was primarily attributable to the non- cash allowance for expected credit loss, impairment losses on properties, plant and equipment and right - of - use of assets and change in fair value of investment properties.