Ching Lee Holdings Limited provided group earnings guidance for the year ended 31 March 2023. For the year, the group is expected to record the net profit between HKD 11.0 million and HKD 13.0 million, as compared to the net loss of the Group for the year ended 31 March 2022 of approximately HKD 18.2 million. The Board considers that the profit of the Group was mainly attributable to the increase in revenue due to the increase in number of projects and effective cost control compared to the year ended 31 March 2022.