Automated Systems Holdings Limited provided earnings guidance for the six months ended 30th June 2023. For the period, the company anticipates to record a net profit of approximately HKD 90.0 million for the six months ended 30th June 2023, an increase by approximately 7 times as compared with the net profit of approximately HKD 11.3 million in the Corresponding Period Last Year. The increase is mainly attributable to (i) vesting of shares and exercising of share options under the incentive plan of an associate company, Grid Dynamics Holdings Inc. ("GDH"), adopted in 2020 that will be recognized for approximately HKD 60.0 million as "net gain on deemed disposal of partial interests in an associate" for the six months ended 30th June 2023 (it was recognized for approximately HKD 4.1 million as "net loss on deemed disposal of partial interests in an associate" in the Corresponding Period Last Year); and (ii) improvement in operating results of GDH.