Da Ming International Holdings Limited provides earnings guidance for the six months ended 30 June 2023. The Group is expected to record a significant decrease in net profit of over 80% as compared with that of the same period in 2022. The expected decrease in net profit is mainly due to the following factors: the decrease in the market price of steel materials during the period; and the relevant subsidies received by the Group from steel mills decreased as a result of the decrease in the profits of steel mills.