Q P Group Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the Group is expected to record an unaudited consolidated profit attributable to equity holders of the Company in the range of approximately HKD 32.5 million to HKD 37.5 million for the as compared to that of approximately HKD 53.7 million for the six months ended 30 June 2022. The Board considers that such decrease was primarily attributable to the decrease in revenue from the Group's original equipment manufacturer sales for six months 2023 as compared to that for six months 2022, which was mainly caused by the reduced demand for products from major OEM customers as a result of weakened consumption sentiment due to continuing inflationary pressures and the slowdown in global economic growth in six months 2023.

Despite the decrease in the Group's revenue from OEM sales, the Group's revenue from web sales remained stable for six months 2023.