G-Resources Group Limited provided earnings guidance for the year ended 31 December 2023. For the year, the company expects a net profit of approximately USD 6 million as compared to a net loss of USD 89 million. The change from a loss in the Corresponding Year to a profit for the year ended 31 December 2023 was mainly attributable to: a significant increase in revenue of USD62 million due to significant increase in dividend and distribution income from financial products and interest income of USD 47 million and USD 16 million, respectively; in addition to those as set out in paragraph 1, an increase in the income generated from fixed income investments of USD 16 million; and
a decrease in administrative expenses of USD 3 million.