Travel expert (01235.HK) announced on June 20 that the company expects to record a net profit attributable to shareholders of not more than 9.2 million Hong Kong dollars for the fiscal year ending March 31, 2024, compared with a net loss attributable to shareholders of approximately 2.2 million Hong Kong dollars last year.

It is expected that the profit will turn into a loss for this fiscal year, mainly due to the significant recovery of the tourism industry from the adverse effects of the COVID-19 pandemic in 2019, resulting in a substantial increase in the revenue of the group's tourism and related businesses.