Easyknit Enterprises Holdings Limited provided earnings guidance for the year ended 31 March 2014. For the period, the company expects a turn from profit to loss as compared to the year ended 31 March 2013. The loss was mainly attributable to the turn from gain to loss arising on changes in fair value of financial instruments.

As compared with the year ended 31 March 2013, there was a significant decrease in loss on changes in fair value of investment properties but there was no one off gain arising from discontinued operations.