08341.HK announced that the Group expects to record a net profit of approximately HK $3.7 million for the six months ended September 30, 2022, and a loss of approximately HK $2 million for the six months ended September 30, 2021.

The significant increase in expected net profit mentioned above is mainly due to an increase of approximately HK $6.5 million in the Group's net profit during the reporting period compared with the same period in 2021, which is mainly due to the award of relatively large bidding order contracts in recent years, resulting in the recognition of more contract income during the reporting period than in the same period in 2021.