CSI Properties Limited provided preliminary Consolidated earnings guidance for the year ended 31 March 2023. For the period, the company expects to record a significant decrease by approximately 70% in its audited consolidated profit attributable to owners of the Company for the year ended 31 March 2023 as compared to HKD 1,156 million recorded in the annual results of the Group for the year ended 31 March 2022. The anticipated decrease in profit attributable to owners of the Company was mainly due to the absence of fair value gain on transfer of properties held for sale to investment properties recorded in the current financial year ended 31 March 2023, as compared to the fair value gain of approximately HKD 1.3 billion recorded in the last financial year ended 31 March 2022.