Vistar Holdings Limited provided earnings guidance for the nine months ended 31 December 2022. For the period, the Group expects that the consolidated profit and total comprehensive income attributable to the Shareholders will be lowered by approximately HKD 8.9 million or 60.2%, i.e. reduced from the consolidated profit and total comprehensive income of approximately HKD 14.8 million for the nine months ended 31 December 2021 to approximately HKD 5.9 million for the Reporting Period. The Board considers that such change was mainly attributable to events including the decrease in gross profit generated from the core business of the Group of approximately HKD 24.6 million driven by less revenue being recognised from the projects of installation services in the completion or substantial completion stage and the new projects still being at an early stage with marginal work performed during the Reporting Period, which in turn was offset by (i) the reduction of listing expenses incurred of approximately HKD 10.3 million during the Reporting Period in relation to the proposed transfer of the listing of the shares of the Company from GEM to the Main Board of the Stock Exchange as disclosed in the announcements of the Company dated 17 June 2021 and 31 December 2021 and which was discontinued as disclosed in the announcement of the Company dated 28 June 2022, and (ii) the reduction of income tax expense of approximately HKD 4.3 million attributable to the decrease in taxable income net of deductions.