Million Hope Industries Holdings Limited provided earnings guidance for the six months ended 30 September 2023. For the period, the company available to the Company, it is expected that the Group would record net profit
between HKD 4.3 million and HKD 4.7 million, a significant increase of approximately 126% to 148% in net profit attributable to owners of the Company for the six months ended 30 September 2023 as compared to net profit of HKD 1.9 million for the corresponding period in 2022. Such expected increase in net profit was mainly attributable to the increase in revenue and gross profit generated from projects undertaken, netting off the share of loss of a joint venture due to impairment loss made on properties under development in a joint venture during the current period.