Town Ray Holdings Limited provides earnings guidance for the six months ended 30 June 2023. The Company is expected to record an increase in net profit attributable to owners of the Company for the Period of not less than 35% over that of the six months ended 30 June 2022. The increase in net profit attributable to owners of the Company for the Period was primarily attributable to the decrease in costs as a result of depreciation in Renminbi against United States Dollar during the Period.