New Provenance Everlasting Holdings Limited provided preliminary unaudited group earning guidance for the year ended 31 March 2023. For the year, the company expects a profit attributable to the owners of the Company as compared to a loss attributable to the owners of the Company in the amount of HKD 5,452,000 for the year ended 31 March 2022. The profit attributable to the owners of the Company for the year ended 31 March 2023 is estimated to be not more than HKD 1,900,000.

Such change was mainly due to the increase in gross profit because of the increase in revenue; reversal of impairment on deposits and prepayments; and no write down had been made for inventory.