Transtech Optelecom Science Holdings Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the Group is expected to incur consolidated net profit within the range of approximately HKD 4.8 million to HKD 5.2 million for the Current Period compared to the consolidated net loss of approximately of HK$3.7 million for the six months ended 30 June 2022. Based on the information currently available, the Directors are of the preliminary view that the expected consolidated net profit of the Group may be attributable to the net effects of the following factors: (i)) reversal of loss allowance for trade receivables under the Expected Credit Loss model; and (ii) decrease of foreign exchange loss resulting from the fluctuation of exchange rates among Renminbi, Thai Baht, United States Dollar and Hong Kong Dollar.