Gaoyu Finance Group Limited provided unaudited consolidated earnings guidance for the year ended 31 March 2024. For the period, the Group is expected to record a net profit of approximately HKD 8,490,000 for the Period as compared with a net loss of approximately HKD 9,529,000 for the year ended 31 March 2023 (the "Corresponding Period"). The Board considers that the turnaround from loss to profit was primarily attributable to (i) increase of
commission income from securities dealing and brokerage services from approximately HKD 1,200,000 for the Corresponding Period to approximately HKD 2,500,000 for the Period; (ii) increase of fee and commission income from placing and underwriting activities from approximately HKD 400,000 for the Corresponding Period to approximately HKD 2,400,000 for the Period; and (iii) increase of income from supply chain financing from approximately HKD 2,000,000 for the Corresponding Period to approximately HKD 8,400,000 for the Period.