According to the Zhitong Finance App, Ming Liang Holdings (08152) issued an announcement. It is estimated that the Group will make a profit of not less than HK$7 million for the year ended 31 December 2023, compared to a loss of about HK$8.6 million for the year ended 31 December 2022. The board of directors believes that the expected results for this year were mainly due to a sharp rise in demand for disc cutters and steel structure products in the tunnel business sector, which led to an increase of more than 70% in revenue this year.