The board of directors of EverChina Int'l Holdings Company Limited that based on the preliminary review and analysis of the latest available unaudited management accounts of the group, the group is expected to record a loss for the six months ended 30 September 2014 as compared to the profit of approximately HKD 49 million for the six months ended 30 September 2013. During the last period, the group recognized a significant profit mainly arising from the gain on deemed disposal of an associate of approximately HKD 169 million. However, during the current period, there was no such gain on deemed disposal of associate recorded by the group.

Therefore, there was a significant drop in profit for the current period. Conversely, during the current period, the group recorded a loss on the disposal of part of interest in an associate of approximately HKD 60 million (subject to audit and before expenses and taxes). The company is still in the process of finalizing the results of the group for the six months ended 30 September 2014.

The information contained in this announcement is only a preliminary assessment by the board based on information currently available to the company and is not based on any figures or information that has been audited or reviewed by the company's auditors. The company expects to announce its consolidated interim results for the current period in late November 2014.