Trio Industrial Electronics Group Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2023. The Group is expected to record a profit attributable to equity holders of the Company of not less than HKD 16 million for the six months ended 30 June 2023 as compared to a profit attributable to equity holders of the Company of approximately HKD 0.876 million for the six months ended 30 June 2022. Based on the information currently available to the Board, the Expected Profit was mainly due to the following reasons: continuing increase in the Group's revenue due to strong customers' demand following the recovery of economy in its major markets; stabilized material costs following the supply of the major components returning to normal level; and decline in operating costs as a result of the depreciation of Renminbi and Thai Baht against United States Dollar.