The board of directors of China Ground Source Energy Industry Group Limited informed the shareholders of the company and potential investors that it is expected to record a significant decrease in net profit of the unaudited third quarterly results of the company and its subsidiaries for the nine months ended 30 September 2014 as compared with the net profit for the corresponding period last year. Such decrease in net profit was mainly attributable to the decrease in gross profit margin and the increase in finance costs caused by the increase in interest expense on bank loans.