Guangdong Land Holdings Limited provides earnings guidance for the six months ending June 30, 2014. The board of directors inform the shareholders of the company that, based on a preliminary evaluation of the consolidated management accounts of the group, which have not been reviewed by the company's auditors, the group is expected to record a consolidated net profit for the six months ending June 30, 2014 as compared to a consolidated net loss for the same period last year. The group's positive operating results are mainly due to the disposal of the loss-making brewery business by the group during the second half of 2013; an increase in interest income received/receivable derived from the bank deposits attributable to the sale consideration received from the disposal of the brewery business; and the sale of the group's staff quarters in accordance with the prescribed procedures and prices as approved by the local government authorities during the period under review.