King's Flair International (Holdings) Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2023. The board of directors of the company informed the Shareholders and potential investors of the company that, based on the information currently available and the preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 by the Board, the Group expects to record a decrease in revenue and profit attributable to shareholders for the Reporting Period by approximately 20% to 30% as compared to the corresponding period in the previous year, mainly as a result of a significant decrease in the Group's sales, with a continued diminishing houseware and drinkware retail market for mid-priced to premium products in North America resulted from soaring inflation and shifts in consumer spending habits during the Reporting Period, which led to the Group's customers in the North America (including the Group's major customers) to further compressed their orders.