Kiddieland International Limited Provided earnings guidance for the six months ended 31 October 2022. For the period, the company expected to record a loss of approximately HKD 35.0 to 40.0 million for the Current Period as compared to the net loss of approximately HKD 3.3 million for the Last Period. The loss expected to incur by the Group in the Current Period was mainly attributable to the decrease in revenue as currency appreciation of USD and the global weakening economy; the one-off non-recurring severance payment incurred due to change of operation model of the Toy Business, Most of the staffs in the Dongguan factory have been terminated during the Review Period; the realized loss incurred from re-sales of production materials related to the Toys Business to third parties; and the derecognisation of deferred tax assets of Dongguan factory in the Review Period.