KPa-BM Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2023. The Group is expected to record an increase of not less than 200% in its consolidated net profit after tax for the Year as compared to that for the year ended 31 March 2022 ("Previous Year"). The Company considered that the main factors for the expected increase in net profit after tax for the Year were: the improvement in gross profit margin as a result of the COVID-19 outbreak and disease control measures gradually subsided during the Year and progress of projects resumed to normal, as opposed to extra labour and plant costs incurred for idling time from interrupted work programme at some construction sites in the Previous Year; an a rise in revenue by over 10% for the Year as progress of projects picked up and the impacts of COVID-19 receded.