MTT Group Holdings Limited provided consolidated earnings guidance for the six months ended 30 September 2023. For the period, the Group is expected to record a net profit of approximately HKD 1.4 million for the six months ended 30 September 2023 as compared to a net profit of approximately HKD 31.1 million for the six months ended 30 September 2022. The Board considers that such substantial decrease in net profit for six months ended 30 September 2023 was mainly due to: The decrease in revenue and gross profit margin derived from the sales of content delivery network licences in the Group's distribution business segment due to increase in market competition during six months ended 30 September 2023; The decrease in revenue and gross profit margin derived from the Group's system integration solutions business due to decrease in total number of projects caused by decrease in demand under weak economic environment in six months ended 30 September 2023 as compared to six months ended 30 September 2022; and The decrease in other income in six months ended 30 September 2023 as compared to six months ended 30 September 2022 mainly due to government subsidy received in six months ended 30 September 2022 under the Employment Support Scheme launched by the Government of Hong Kong and no such subsidy was received in six months ended 30 September 2023.