EuroSports Global Limited provided earnings guidance for the half year ended 30 September 2023. For the period, the company expects significant decrease in revenue with an increase in net losses for 1HFY2024 as compared to the previous financial period. The higher car taxes for higher end cars announced in the Singapore Budget for 2023 dampened the demand for higher end cars.

Additionally, the late arrival of the URUS S and URUS Performante adversely affected sales.