Min Xin Holdings Limited revised earnings guidance for the year ended 31 December 2023. Reference is made to the announcement of the company dated 9 February 2024 in relation to the profit warning of the Company. As disclosed in the Announcement, the company is expected to record a profit attributable to the Shareholders for the year ended 31 December 2023 of approximately HKD 45 million to HKD 65 million.

The Board wishes to further update and inform the Shareholders and potential investors of the Company that based on the preliminary review of the latest unaudited consolidated management accounts of the Group for the year ended 31 December 2023, and taking into consideration of the information currently available to the Board, the Group is expected to record a profit attributable to the Shareholders for the year ended 31 December 2023 of approximately HKD 28 million to HKD 50 million, representing a decrease of approximately 89% to 94% as compared to that of the same period in 2022. The decrease in profit attributable to the Shareholders to be recorded by the Company for the year ended 31 December 2023 as compared to those as disclosed in the Announcement is primarily due to the further decrease in share of results of the Company's major associate for the year ended 31 December 2023.