Snack Empire Holdings Limited provided consolidated earnings guidance for the six months ended 30 September 2023. For the period, the Group expects net profit attributable to equity holders of the Company to decrease by not more than 81% or not more than SGD 1.35 million as compared to the same period last year. The Directors consider the decrease in net profit was mainly due to (i) the decrease in sales of goods in Singapore, Malaysia and Indonesia; and (ii) the increase in payroll costs due to headquarters expansion.