Min Xin Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the six months, the group is expected to record a profit attributable to the Shareholders for the six months ended 30 June 2023 of approximately HKD 110 million to HKD 130 million, representing a decrease of approximately 46% to 55% as compared to that of the corresponding period in 2022. Such decrease is primarily due to (i) the decrease in share of results of Xiamen International Bank Co.

Ltd. for the six months ended 30 June 2023 as compared to the corresponding period in 2022 due to the combined effects of the decrease in the profit attributable to shareholders of XIB and the devaluation of Renminbi against Hong Kong dollars; and (ii) the recognition of the one-off loss on dilution of the Company's shareholding in XIB from approximately 8.8543% to 8.689% in March 2023.