According to the Zhitong Finance App, Li Bao Ge Group (01869) issued an announcement. It is expected that the Group will obtain a profit attributable to the company owner of not less than HK$5 million for the year ended December 31, 2023, and a loss attributable to the company owner of about HK$41.4 million for the year ended 31 December 2022. The turning of a loss into a profit in the current year was mainly due to the termination of consolidated earnings by a subsidiary company.