According to the Zhitong Finance App, Wancheng Global Holdings (08309) announced that the Group is expected to obtain profit before tax of approximately HK$32.3 million for the year ending March 31, 2023. Compared with the year ending March 31, 2022, the pre-tax profit was approximately HK$8.3 million.

According to the announcement, the increase in the Group's profit before tax this year was mainly due to an increase of about 50.2% in revenue during the year compared to the year ending March 31, 2022, and other revenue of about HK$4.1 million. This is related to the funding received by the Group from the Anti-epidemic Fund and Employment Protection Plan established by the Hong Kong Government, while the amount received for the year ended March 31, 2022 was approximately HK$400,000.