The Board of BBMG Corporation announced that based on the company's preliminary estimations and calculations, the Group is expected to record a decrease in net profit attributable to shareholders of the Company of 0% to 25% for the year ended December 31, 2014 as compared with the same period in 2013. The Board considers that such decrease in the profit level for the year ended December 31, 2014 is mainly due to the suppression of demand in property market in recent years as a result of the effect of the continuing macro-control policies in the property sector, such that the total transaction volume for commodity housing remained sluggish, and the uneven distribution of revenues and profits over the years because some of the enterprises of the company's property development segment are non-wholly owned and the booked profits were affected by the progress of delivery on completion for property projects located in different key geographical areas. The net profit attributable to shareholders of the Company for the year ended December 31, 2013 was RMB 3,215,183,494.65, with basic earnings per share of RMB 0.75.

For the year ended 31 December 2014, the Group recorded consolidated sales volume of cement and clinker of approximately 42.00 million tonnes, representing an increase of 8.00% from the same period of last year of 38.89 million tonnes; sales volume of concrete of approximately 12.20 million cubic meters, representing a decrease of 6.37% from the same period of last year of 13.03 million cubic meters; and booked GFA of approximately 1,500,000 sq.m. from property development, representing an increase of 27.44% from the same period of last year of 1,177,000 sq.m.