First Service Holding Limited provided consolidated earnings guidance for the year ended December 31, 2023. The group is expected to record an increase of not less than 30% in profit for the Year as compared to that for the year ended December 31, 2022. Such increase was primarily attributable to (i) the increase in revenue from property management services due to the increase in the gross floor area under management of the Group; (ii) enhanced cost control as a result of comprehensive refined operation measures; and (iii) the expansion in scale and improvement in profitability of community value-added services.