Wine's Link International Holdings Limited provided earnings guidance for the year ended 31 March 2024. For the year, the Group is expected to record its profit for the Year of not less than approximately HKD 30.0 million, as compared with its profit for the year of approximately HKD 16.3 million for the year ended 31 March 2023. The Board considers that the aforesaid increase in profit for the year was mainly due to (i) the increase in revenue of the Group; (ii) the decrease in selling and distribution expenses and administrative expenses of the Group as a result of the continuous implementation of cost reduction and efficiency enhancement measures during the Year; and (iii) partially offset by the increase in finance costs for interest-bearing bank borrowings of the Group.