Winshine Science Company Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the period, the company expects to record a revenue of approximately HKD 520 million for the Year, which substantially decreased as compared to approximately HKD 850 million for the year ended 31 December 2022 (the "Last Year"). The Company expects to record a loss of approximately HKD 30 million for the Year, as compared to a profit of approximately HKD 8 million for the Last Year.

Such loss is mainly attributable to the decrease in the purchase orders and reduction of profit margin from one major customer of the toys division due to the competitive market conditions during the Year.