Trendzon Holdings Group Limited announced that based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 March 2023 (the "Year") and the information currently available to the Board, the Group expects to record a net loss of approximately SGD 1.5 million for the Year as compared to a net profit of approximately SGD 1.0 million for the year ended 31 March 2022 (the "Comparative Year"). The Board considers that the anticipated net loss for the Year was mainly attributable to the decrease in gross profit from approximately SGD 9.9 million for the Comparative Year to approximately SGD 7.4 million for the Year.