Raffles Interior Limited provides consolidated earnings guidance for the year ended 31 December 2023. The Group anticipates to record a turnaround from loss to net profit after tax of not more than SGD 1.5 million for the year ended 31 December 2023 (31 December 2022: net loss of approximately SGD 1,363,000). The profit turnaround was mainly driven by the increase in revenue and gross profit for fiscal year 2023 as a result of (i) more order books carried forward from 2022; and (ii) more projects being secured in first half of 2023.