Cherish Sunshine International Limited provided unaudited consolidated earnings guidance for the six months ended September 30, 2023. The company is expected to record a net profit after tax of approximately HKD 3 million
for the Period as compared to a loss of approximately HKD 11.7 million recorded for the six months ended 30 September 2022. Such expected increase in profit was primarily attributable to (i) the increase in sales revenue of approximately no less than HKD 85 million in the provision of procurement services and other IT services and (ii) the decrease of approximately HKD 3 million of administrative expenses thanks to effective cost-saving measures taken.