Asia Standard International Group Limited provided earnings guidance for the year ended 31 March 2023. For the period, the company expected to record a profit attributable to Shareholders of not less than HKD 750 million for the year ended 31 March 2023 as compared to a loss of HKD 884 million last year. The change is mainly attributable to (i) net realised and unrealised gain from financial investments for current year against loss for last year; (ii) decrease in expected credit losses from investments in financial assets; (iii) increase in share of profits from property development joint ventures; (iv) increase in revaluation gain of investment properties; and (v) the profit is partially reduced by decrease in interest revenue from financial investments.