China TianYF Holdings Group Limited provided earnings guidance for the six months ended 30 June 2023. For the period, the company expects the turnover to be not less than RMB65 million (2022: RMB61,734,000) and the net profit after tax for the Interim Period to be not more than RMB9 million (net loss after tax for the corresponding period in 2022: RMB3,580,000). The Board considers that the increase in revenue and generating of net profit after tax were mainly due to the recognition of the progress income of approximately RMB52 million for a large-sized engineering, procurement and construction project in Vietnam which contributed to the increase in the overall revenue, gross profit and generating of net profit after tax.