Ever Harvest Group Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. For the period, the group expects to record a decrease in the profit attributable to equity holders of the Company of approximately HKD 16 million for the Reporting Period, representing a decrease of approximately 70% as compared to the profit attributable to equity holders of the Company of approximately HKD 23.1 million for the corresponding period in 2022 (the "Corresponding Period"). The Board believes that the expected decrease in the profit attributable to equity holders of the Company for the Reporting Period was mainly attributable to (i) the expected decrease in revenue from the Group's feeder shipping services of approximately HKD 96 million or 38%; (ii) the expected decrease in revenue from the Group's carrier owned container services of approximately HKD 21 million or 52%; and (iii) the expected decrease in revenue of the Group's sea freight forwarding agency services of approximately HKD 27 million or 54%, as compared to the revenue for the Corresponding Period as a result of global economic slowdown and the increase in competition in the waterborne trade and freight industry in mainland China, which led to the decrease in customers' demand for the Group's services.