Aoyuan Healthy Life Group Company Limited provided consolidated earnings guidance for the six months ended 30 June 2023. For the period, the Group is expected to record an increase of not less than 30% in the net profit for the six months ended 30 June 2023 as compared with the same period last year. Such increase was primarily attributable to (a) the decrease in impairment losses under expected credit loss model and (b) significant decrease in costs and expenses through upgrading internal management and reducing unnecessary expenditures during the period.