Tycoon Group Holdings Limited provided group earnings guidance for the year ended 31 December 2023. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2023 (FY2023) and the information currently available, the Group's profit before tax for FY2023 is expected to increase significantly by not less than 520.0% as compared to the Group's profit before tax of HKD 50.4 million for the year ended 31 December 2022 (FY2022). The revenue of the Group during FY2023 is expected to increase slightly by around 1.0% (FY2022: HKD 1,186.2 million).