Morimatsu International Holdings Company Limited provides earnings guidance for the six months ended 30 June 2023. It is expected that the consolidated revenue of the Group for the Reporting Period will record an increase of not less than 20% as compared to the corresponding period last year. Such expected increase is mainly attributable to the Company's long-term adherence to the strategy of covering diversified industries, aiming to achieve sustainable growth across cycles, industries and regions.

During the Reporting Period, the Group's orders from several industries such as electronic chemicals and pharmaceuticals increased significantly; and the consolidated net profit of the Group for the Reporting Period will record an increase of not less than 30% as compared to the corresponding period last year. Such expected increase is mainly attributable to the abovementioned increase in the Group's revenue, coupled with the reduction in selling and marketing expenses, and the decrease in share-based payment expenses of the Group.