Intraco Limited provided preliminary earning guidance for the full year ended December 31, 2023. For the period, the group expects to record a significant increase in profitability for Financial Year 2023 as compared to a net loss position in the prior financial year. The increase was mainly due to a reversal of allowance for impairment loss on trade receivables made by the Company's wholly-owned subsidiary Intraco Trading Pte Ltd. in the financial years ended December 31, 2009 to 31 December 2011.