The board of directors of the Aeso Holding Limited announced that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 September 2022 and information currently available to the Board, the Group is expected to record a net profit by approximately HKD 3.7 million for the Reporting Period when compared to the loss of approximately HKD 2.0 million for the six months ended 30 September 2021. The expected significant increase in net profit as mentioned above was mainly attributable to the increase in the gross profit by approximately HKD 6.5 million of the Group during the Reporting Period as compared to the corresponding period in 2021, which was mainly due to a relatively larger amounts of tenders awarded in recent years and it leaded that more contract revenue was recognised during the Reporting Period as compared to the corresponding period in 2021.