Hin Sang Group (International) Holding Co. Ltd. provides earnings guidance for the six months ended 30 September 2023. The Group is expected to record a decrease in consolidated net loss for the Period by over 50% as compared to the consolidated net loss of approximately HKD 24.2 million for the six months ended 30 September 2022.

The expected decrease in consolidated net loss for the Period is primarily attributable to the increase in revenue by approximately 30% for the Period as compared to the corresponding period ended 30 September 2022, resulting from the increase in demand for the Group's products due to the general improvement in consumer sentiments as a result of the gradual recovery of tourism and retail industry in Hong Kong since the resumption of the normal clearance of travellers between Hong Kong and mainland China at the beginning of February 2023.