EGL Holdings Company Limited provides earnings guidance for the year ended 31 December 2023. The Group expects that the Group will record a consolidated net profit attributable to owners of the Company of approximately HKD 71.7 million for the year ended 31 December 2023 as compared to a consolidated net loss attributable to owners of the Company of approximately HKD 74.3 million for the year ended 31 December 2022. The significant turnaround from loss to profit was primarily attributed to a substantial increase in revenue in FY2023.

This was a result of the significant recovery of the travel industry from the negative impact of the Coronavirus Disease 2019 pandemic, leading to a considerable rebound in the Group 's travel-related and hotel businesses. Based on information currently available to the Board, the Group's revenue amounted to approximately HKD 1,366.0 million in FY2023, representing an increase of approximately 595.2% compared to the revenue of HKD 196.5 million in FY2022.