Man Shing Global Holdings Limited provided earnings guidance for the six months ended 30 September 2023. For the period, the company expects that the Group will record a profit after tax of approximately HKD 8.3 million for the Reporting Period, as compared to the profit after tax of approximately HKD 15.7 million for the six months ended 30 September 2022 ("Corresponding Period"). Based on the information available to the Company immediately preceding the publication of this announcement, the Board considers that the decrease of the Group's profit after tax for the Reporting Period was mainly attributed to (i) the increase in staff costs during the Reporting Period, resulting in an increase in administrative expenses of approximately HKD 4.2 million; and (ii) the decrease of other income of approximately HKD 3.6 million relating to the subsidies received by the Group under the Anti-epidemic Fund and the Employment Support Scheme set
up by the Hong Kong Government in last year, while no such subsidies were received during the Year.