Max Sight Group Holdings Limited provided unaudited consolidated earnings guidance for the nine months ended 30 September 2023. For the period, the company expects net profit after tax of not less than approximately HKD 6.7 million for the nine months ended 30 September 2023 as compared to the net loss after tax of approximately HKD 9.2 million for the
nine months ended 30 September 2022 primarily attributable to (i) the revenue of not less than approximately HKD 61.5 million recorded for the nine months ended 30 September 2023, representing an increase in revenue of not less than approximately HKD 41.3 million from approximately HKD 20.2 million for the nine months ended 30 September 2022, thus resulting in an increase in gross profit of approximately HKD 19.7 million from approximately HKD 1.1 million for the nine months ended 30 September 2022 to approximately HKD 20.8 million for the nine months ended 30 September 2023; partially offset by (ii) the decrease in other income of approximately HKD 2.7 million mainly due to the decrease in net gains on early termination of lease. Such significant increase in revenue and gross profit was mainly due to the increase in revenue in photography services business as a result of the relaxation of certain social distancing measures and immigration control policies at the end of 2022 which lead a substantial demand on the photography services business in Hong Kong.