Asia-express Logistics Holdings Limited informed the shareholders and potential investors of the Company that, based on its preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 September 2023 and the information currently available to the Board, the Group expects to record a profit of approximately HKD 2.0 million to HKD 3.0 million for the Period, as compared to a loss of approximately HKD 6.9 million for the six months ended 30 September 2022. Such expected increase in profit during the Period was mainly attributable to (i) the increase in revenue generated from the provision of warehousing and other value-added services; and (ii) the effectiveness of the Group's comprehensive budget management and cost control during the Period.