China Apex Group Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the company expected to record a profit attributable to owners of the Company of approximately HKD 3.3 million as compared to a profit attributable to owners of the Company of approximately HKD 8.6 million for the six months ended 30 June 2022. The expected decrease in profit was primarily attributable to, among other factors, that the Group recognized net foreign exchange gain of approximately HKD 4.9 million as compared to the corresponding period in 2022 of approximately HKD 6.9 million resulting from the depreciation of Renminbi during the period.

The Group also incurred additional professional fees for business development for the six months ended 30 June 2023.