According to the Zhitong Finance App, Kwong Man-ji (08023) announced that compared with the comprehensive profit attributable to company owners in the same period in 2022, the Group expects the comprehensive profit attributable to company owners for the year ending March 31, 2023 to increase by about HK$11.5 million, or about 154%.

According to the announcement, the expected sharp increase in annual comprehensive profit is mainly due to an increase in revenue due to an increase in the number of projects with higher contract amounts accepted by the Group; subsidies provided by the Hong Kong Special Administrative Region Government and the Macao Special Administrative Region Government under the 2022 Employment Insurance Plan and COVID-19 pandemic relief measures; and a reduction in impairment losses on trade accounts receivable and retention receivables and contract assets.