The board of directors (the "Board") of Cheuk Nang (Holdings) Limited announced that based on a preliminary assessment of the unaudited consolidated management accounts of the Company for the year ended 30 June 2023 ("FY2023") and the latest information currently available to the Board, the Group is expected to record profit of approximately HKD 53 million for FY2023, as compared to loss of approximately HKD 149 million for the year ended 30 June 2022 ("FY2022").