Easyknit International Holdings Limited provided earnings guidance for the year ended March 31, 2014. For the year, the company announced that one of the factors causing the significant decrease in profit for the year ended March 31, 2014 as compared to the year ended 31 March 2013 is the significant decrease in gain arising on changes in fair value of the investment properties. Based on the draft management accounts of the group, the board of directors of the company announced the further information on the fair value gains of the investment properties which was decreased to approximately HKD 41 million in year 2014 as compared to a gain of approximately HKD 487 million in year 2013.

This change in fair value in investment properties does not affect the group's principal business of holding investment properties for rental income and the group's cash flow.