WT Group (08422) announced that the Group expects to obtain a comprehensive net profit of HK$3.5 million to HK$4.5 million for the three months ending September 30, 2023, while the unaudited comprehensive loss for the same period in 2022 was approximately HK$1.1 million.
According to currently available information, the relevant profit was mainly due to the return of approximately HK$2.8 million in anticipated credit loss provisions for trade accounts receivable and contract assets during the review period.