Tsui Wah Holdings Limited provided group earnings guidance for the year ended 31 March 2024. The board of directors of the company informed the shareholders of the Company (the Shareholders) and its potential investors that, based on a preliminary assessment of the information currently available to the Board for the year ended 31 March 2024 (the Year), the Group is expected to record a profit attributable to the owners of the Company of not more than HKD 42 million (the Expected Profit). The Expected Profit was mainly attributable to the rebound of China and Macau business as a result of the recovery from the negative impact of the novel coronavirus disease 2019.

Despite that the Group recorded a profit attributable to the owners of the Company in the sum of approximately HKD 60.6 million for the year ended 31 March 2023, the Group would have recorded a loss of approximately HKD 23.6 million if the gain on disposal of certain properties of the Group in Hong Kong as disclosed in the circular of the Company dated 27 May 2022 had not been taken into account.