According to the announcement released by Quick Service Restaurant Empire (01843), it is expected that the company's equity holders' net profit for the year ending March 31, 2024 (year-to-date) will decrease by about 90% compared with the year ending March 31, 2023. The directors believe that the main reasons for the decrease in net profit are due to the decrease in commodity sales in Singapore and Malaysia, the increase in salary costs due to office expansion, and the expenses incurred in establishing new brands.