HPC Holdings Limited provided earnings guidance for the year ended 31 October 2023. For the year, Group expects to record a significant increment in profit after tax as compared to the audited results for the year ended 31 October 2022 by approximately SGD 2.5 million to SGD 3.5 million, from approximately SGD 424,000 loss for the year ended 31 October 2022 to approximately SGD 2.1 million to SGD 3.1 million profit after tax for the year ended 31 October 2023. The expected significant rise in profit after tax was mainly due to, among other things, the following reasons: (i) Surge in revenue due to on time completion of some tight schedule projects; (ii) The Group's efforts towards further streamlining its business, effective cost control measures; (iii) more stable and foreseeable market gives more certainty on tender price.