Billion Industrial Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the period, Company expects that it may record a significant decline in the profit attributable to owners of the Company by not more than approximately 50% as compared to the year ended 31 December 2022. Such decline was primarily attributable to decrease in gross profit margin owing to the combined effect of (i) the decrease in sales unit price and (ii) the increase in the cost of sales.