Apex Ace Holding Limited provided unaudited consolidated earnings guidance for the six months 30 June 2023. For the period, the company is expected to record a net loss attributable to the Shareholders for the 2023 1H ranging from HKD 15.0 million to HKD 19.0 million while net profit attributable to the Shareholders of HKD 6.5 million was recorded for the six months ended 30 June 2022. The expected net loss was primarily attributable to (i) the decline in gross profit of the Group driven by the drop in revenue resulting from the decline in average selling prices; and (ii) increase in finance cost mainly due to increase in interest rate.