Computime Group Limited provided earnings guidance for the year ended 31 March 2024. The net profit of the company expected for the year ended 31 March 2024 is ranging from approximately HKD 75.0 million to HKD 85.0 million, as compared to the net profit of the Company of approximately HKD 23.5 million for the same period last year. This represents an increase of more than 300% as compared to that for the year ended 31 March 2023.

The increase in the net profit of the Company is mainly attributable to the specific inventory provision made for the Group's Malaysia operation in the year ended 31 March 2023.