Simplicity Holding Limited provided group earnings guidance for the year ended 31 March 2024. The group is expected to record a profit of approximately HKD 8.2 million (the Expected Profit), compared with a loss of approximately HKD 34.6 million recorded for the year ended 31 March 2023. Based on the information available, the Expected Profit was mainly attributable to: Increase in revenue of aircraft engine stand repairing and maintenance services; and Increase in fair value gain on reclassification from financial liabilities at fair value through profit or loss to equity.