Revez Corporation Ltd. provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the group is expected to report a consolidated net loss for first half of 2023. The net loss was mainly due to decline in revenue generated from both the IT solutions and Digital Media Networks segments and higher expenses (i.e. legal and professional fees) incurred in relation to the diversification into healthcare business and acquisition of Magenta Wellness Pte Ltd.