Indigo Star Holdings Limited provided earnings guidance for the nine months period ended 30 September 2023. For the period, based on a preliminary review of the unaudited consolidated management accounts of the Group for the nine months period ended 30 September 2023, the Group is expected to record (i) revenue of not less than approximately SGD 31.0 million, as compared to approximately SGD 23.2 million for the corresponding period of 2022, representing an increase of not less than approximately SGD 7.8 million, or approximately 34.0%; and (ii) net profit of not less than approximately SGD 2.0 million, as compared to approximately SGD 0.6 million for the corresponding period of 2022. Based on the information currently available, the Board considers that (i) the expected increase in revenue was attributable to completion of contracts in hand, addition of new projects, and revenue from labor supplies; and (ii) the increase in net profit was attributable to increase in revenue.