Lee & Man Chemical Company Limited provided earnings guidance for the year ended 31 December 2023. The board of directors of the Company informed the shareholders and potential investors of the Company that, based on the preliminary assessment of the consolidated management accounts of the Group and the information currently available, the profit attributable to owners of the Company for the year ended 31 December 2023 has recorded a decrease by approximately 65% as compared to that for the year ended 31 December 2022, mainly due to decrease in revenue and gross profit margin of the Group during the Current Period, resulted from the decrease in average market prices of the Group's major products due to weak market conditions.