Tak Lee Machinery Holdings Limited provided consolidated earnings guidance for the year ended 31 July 2023. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on the Group's unaudited consolidated management accounts for the year ended 31 July 2023 and the information currently available to the Board, the net profit of the Group for the year ended 31 July 2023 is expected to decrease by approximately 80% to 85% as compared to the net profit of the Group recorded for the year ended 31 July 2022.