The board (the "Board") of directors (the "Directors") of Singamas Container Holdings Limited announced that based on preliminary assessment of the unaudited consolidated management accounts of the Group and the orders currently on hand, the Group is currently expected to report a consolidated profit attributable to owners of the Company of not more than USD 10,000,000 for the six months ended 30 June 2023 ("Interim Period 2023"), as compared to the consolidated profit of USD 38,002,000 attributable to owners of the Company for the six months ended 30 June 2022.