Hing Yip Holdings Limited provided earnings guidance for the year ended December 31, 2023. The board of directors of the company informed the shareholders of the company and potential investors that the Group is expected to record substantial increase in profit to approximately HKD 155,936,000 for the year ended 31 December 2023 as compared to the profit of HKD 42,824,000 for the year ended 31 December 2022.