Energy International Investments Holdings Limited provided group earnings guidance for the fiscal year 2023. For the year, the Group expects to record profit for the year within a range of HKD 117 million to HKD 127 million (subject to further adjustments including those on non-cash items as explained in the Profit Alert Announcement), as compared to the profit for the year of approximately HKD 42 million in Fiscal Year 2022, although the revenue of the Group is expected to decrease by approximately 30% (the ‘Profit Alert’). The increase in profit for the year was mainly attributable to a net gain on the derecognition of financial assets and liabilities arising from the rescission of an acquisition by way of settlement (as referred to the Company's announcement dated 24 June 2022) of approximately HKD 63 million.