Carrianna Group Holdings Company Limited provided consolidated earnings guidance for the year ended 31 March 2024. The group expects to record a loss of not more than HKD 280 million for the year ended 31 March 2024 as compared to the loss of approximately HKD 170 million in the 2023. The increase in the group's loss as compared to 2023 was mainly attributable to: (i) the operating loss in food business due to the decrease in the mooncake sales; (ii) the impairment of goodwill and right-of-use assets due to downsizing of the Hong Kong style Cha Chaan Teng restaurant business; and (iii) increase in the finance costs due to the increase in interest rates in bank borrowings.