Nu-World Holdings Limited provided earnings guidance for the interim period ended 28 February 2023. For the period, the company expects earnings per share to be between 141.6 cents and 173.0 cents, corresponding to a decrease of between 45% and 55% in comparison to 314.6 cents reported for the interim period ended 28 February 2022 (Previous Corresponding Period); and headline earnings per share of between 141.4 cents and 172.9 cents, corresponding to a decrease of between 45% and 55% in comparison to 314.3 cents reported for the Previous Corresponding Period. The decrease is mainly attributable to a distressed local and global economy due to unprecedented global and local events, high inflation and rapidly rising interest rates.