KRP Development Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2024. The company is expected that the profit attributable to the equity shareholders of the company will decrease by approximately 80% as compared to the year ended 31 March 2023. This was mainly attributable to (i) the drop in property sales revenue due to external factors such as the slowdown in economic growth and sluggish real estate market environment; and (ii) the provision for impairment loss on inventories.