ST International Holdings Company Limited provided group earnings guidance for the six months ended 30 June 2023. The board of directors of the Company informed the shareholders of the Company and potential investors of the Company that, based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2023 ("1H2023") and the information currently available, the Group is expected to record a net loss of not more than HKD 3.0 million for 1H2023 as compared with a net profit of approximately HKD 2.4 million for the six months ended 30 June 2022 ("1H2022"). The Group suffered loss for 1H2023.

The Group is expected to record a decrease in revenue of around 11.6% for 1H2023 (1H2022: HKD 48.4 million).