South Manganese Investment Limited provided consolidated earnings guidance for the full year 2023. The Board informed the shareholders of the company and potential investors that, based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2023 and the information currently available to the Board, the Group is expected to record a profit attributable to owners of the company of approximately HKD 54.0 million to HKD 65.0 million for Year 2023, representing a decrease of 80.7% to 83.9% as compared to profit attributable to owners of the Company of HKD 336.1 million for the year ended 31 December 2022.