Viva Goods Company Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the group expected to record a turnaround in the profit attributable to equity holders from a loss of HKD 31.7 million for the six months ended 30 June 2022 to a profit not less than HKD 80 million for first half of 2023. The significant improvement in the group's performance was mainly contributed by (i) due to the change in facts and circumstances after the transfer of listing from GEM to the Main Board of the Stock Exchange, the Group ceased to adopt certain exemptions under Hong Kong Accounting Standards; (ii) the acquisition of a footwear brand, Clarks, in early July 2022, whose revenue and results have since been consolidated into the Group; and (iii) reduction in loss of certain brands in the multi-brand apparel and footwear business segment of the Group.