Silver Tide Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record a net profit attributable to the Shareholders of not lower than approximately HKD 4.9 million as compared to a net loss attributable to the Shareholders of approximately HKD 33.8 million for the year ended 31 March 2022. The expected increase in net profit attributable to the Shareholders for the Year is mainly attributable to the increase in revenue generated from the construction services segment due to the recognition of revenue from two construction projects which were completed in year 2022; the decrease in subcontracting costs incurred due to the improvement on efficiency of workflow in certain construction projects; and the increase in government subsidies.