REM Group (Holdings) Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the year, the Group is expected to record a net profit of approximately HKD 8 million as compared to a net loss of approximately HKD 20.2 million for the year ended 31 December 2021. The Board considers that the aforesaid turnaround from loss to profit position is primarily attributable to (i) the significant increase in revenue of the Group for the year ended 31 December 2022 as compared to the year ended 31 December 2021; and (ii) production cost control enhancement and cost saving in selling and distribution cost.