Fire Rock Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the period, it is expected that the unaudited revenue of the Group would increase by over 17% as compared to previous year, and the unaudited profit as recorded by the Group would increase by over 1,500% as compared to previous year. Such increase was attributable to the following one-off other revenue.

As stated in the announcement of the Company dated 30 June 2023, each of the vendors in respect of the acquisition of Tak Shing International Holdings Limited agreed to surrender the promissory notes to the Company and give up the right to the outstanding principal amount totaling to RMB 491,670,000 and their respective interest payables totaling to RMB 37,416,825 as at 30 June 2023, which led to a significant increase in overall profit.