KOS International Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2023. For the period, the company expects to record a net loss of not more than HKD 5 million, as compared to a net profit of approximately HKD 14 million for the year ended 31 December 2022. The net loss position for the year ended 31 December 2023 was mainly attributable to the decrease in revenue generated from recruitment services; the increase in staff costs as the Group is undergoing expansion for the Group's Hong Kong and Singapore operations; and the Group's Singapore operation was in its commencement stage and the Group will need time to establish itself in the local market in order to contribute positively to the Group's results.