Goldpac Group Limited board announced that according to the unaudited management accounts of the Group for the six months ended June 30, 2014, which have not been audited or reviewed by the auditors of the company or reviewed by the audit committee of the Board, the turnover of the Group for the 2014 interim period is expected to record an increase of approximately 50% as compared to the corresponding period in 2013, and accordingly, the Board expects that the Group's profit for the 2014 interim period is likely to be substantially higher than that of the same period in 2013. Based on the information currently available, the Board believes that the above-mentioned increase in turnover and profit was primarily attributable to favourable government policies in China, the Group's rather stable customer base, and the technological maturity of and the improvement in the transaction environment, of financial smart cards.