WINDMILL Group Limited provided group earnings guidance for the year ended 30 April 2023. After preliminary review of the unaudited consolidated management accounts of the Group for the year ended 30 April 2023 and assessment of the information currently available, the board of directors of the Company informed the shareholders of the company and potential investors that the Group is expected to record an unaudited consolidated profit of not less than HKD 7.1 million for the Year as compared to the audited consolidated loss of approximately HKD 7.0 million for the year ended 30 April 2022. The unaudited consolidated profit for the Year was mainly attributable to the increase in gross profit due to increase in revenue; the increase in other income due to increase in government grant; and the decrease in administrative expenses due to the decrease in staff costs including
directors' emoluments.