JBB Builders International Limited provided earnings guidance for the year ended 30 June 2023. For the year, the company expects a substantial decrease in revenue as compared with the corresponding period in 2022, which was primarily due to (i) the substantial decrease in volume of sand transported generated from a marine transportation contract in Singapore given that there were some preparation and rearrangements of construction sites by customer and so the delivery of marine sand was in slow pace during the transition period; (ii) decrease in demand of marine gas oil due to the decrease of marine transportation works; and (iii) completion of certain contracts which contributed to a substantial portion of revenue for the year ended 30 June 2022, while partially offsetting by (i) the increase in volume of work generated from new contracts awarded during the year ended 30 June 2023; and (ii) the increase in volume of work performed for building and infrastructure services as compared with the corresponding period in 2022; a significant increase of other revenue as compared with the corresponding period in 2022, arising from the increase in interest income on deposits placed in the Group's banks in Hong Kong and Malaysia as a result of the increase in bank interest rates and the recognition of imputed interest income on contract assets in relation to part of the balances owing from a customer to be settled by instalments in more than one year.