SiS Mobile Holdings Limited provided earning guidance for the financial year ended 31 December 2023. For the period, the Company and potential investors that it is expected net profit attributable to shareholders would range from $7,900,000 to $9,500,000, representing a decrease of approximately 56% to 63% as compared to the same period of last year, being HKD 21,452,000. The expected decrease was mainly attributable to slow recovery of the Hong Kong economy, intense market competition, continuing weak consumer sentiments in the smartphone industry which resulted in the increasing pressure on gross profit margins.