Kin Yat Holdings Limited updated earnings guidance for the six months ended September 30, 2022. Reference is made to the announcement dated 28 October 2022 made by the company in relation to the preliminary information on the financial performance of the Group for the six months ended 30 September 2022 (IHFY2023). As stated in the Announcement, based on the preliminary review of the then unaudited management accounts of the Company for 1HFY2023, the Company is expected to record a 58% decline in profit, before impairment of real estate development projects, attributable to the equity holders of the Company, from that of approximately HKD 76 million for the six months ended 30 September 2021.