FIT Hon Teng Limited provided preliminary unaudited consolidated group earnings guidance for the three months ended March 31, 2024 (Q1 2024). For the period, the group expects to record an unaudited net profit between USD 7 million and USD 10 million as compared to the unaudited net loss of approximately USD 9 million for the three months ended March 31, 2023 (Q1 2023). The turnaround from net loss for First Quarter 2023 to net profit for First Quarter 2024 was mainly attributable to the improvement in the Group's management effectiveness, and the gradually recovering demand from the computing and networking end markets.