D&G Technology Holding Company Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the period, it is expected that the Group will record a net loss attributable to the owners of the Company of between approximately RMB 20 million and RMB 25 million, as compared with a net loss attributable to the owners of the Company of approximately RMB 41 million for the same period last year. The Board considered that the expected decrease in net loss attributable to the owners of the Company for fiscal year 2023 was primarily due to the reversal of provision for impairment losses on financial assets due to the settlement of long overdue trade receivables and decrease in trade receivables balances, but partially offset by the decrease in gross profit.

During fiscal year 2023, its sales of spare parts, components, and modified equipment have experienced a notable increase, along with a substantial boost in sales of other specialty equipment while its acknowledge a decrease in sales of asphalt mixing plants. Overall, it leads to a reduced loss and reflects the effectiveness of its strategic efforts.