Tai Cheung Holdings Limited provided consolidated earnings guidance for the six month ended 30 September 2023. For the period, the group expected to record a net profit attributable to equity holders of the Company of not less than HKD 35.0 million for the Period as compared to the net loss of HKD 33.1 million for the corresponding period in 2022. The expected turnaround from loss to profit for the Period was mainly attributable
to the improvement in sales of properties; the increase in interest income due to higher interest rates; and the substantial improvement in the results of an associate, Consolidated Hotels Limited, upon normalization of business and travel activities.