The Board of Chinese Food and Beverage Group Limited informed the Shareholders and potential investors that the Group is expected to record a loss for the three months ended 31 March 2014 as compared to the profit in the corresponding period, three months ended 31 July 2013, in 2013. The loss is mainly attributable to loss in change in fair value of held-for-trading investments and reduction in the gain on change in fair value of convertible instruments designated as financial assets at fair value through profit or loss.