Speedy Global Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2023. Based on the preliminary assessment and analysis of the Group's unaudited consolidated management accounts for the six months ended 30 June 2023 (the "Reporting Period") and the information currently available to the Board, the Group is expected to record a reduction in net loss by not less than 80% for the Reporting Period, as compared to a net loss of approximately HKD 20.9 million recorded for the corresponding period in 2022. Such change was mainly attributable to: (i) the downsizing of the scale of operation of loss-making subsidiary, which recorded a net loss of approximately HKD 8.8 million for the six months ended 30 June 2022; and (ii) the decrease in administrative expenses and cost of sales of the Group as a result of the effective cost control measures implemented within the Group during the Reporting Period.