Hung Hing Printing Group Ltd. provided earnings guidance for the six months ended June 30, 2014. For the period, the Group expects to record a loss attributable to owners of the Company for the six months period ended June 30, 2014 as compared to profit recorded by the Group in the same period last year. Same level of revenue is recorded in the first half of 2014 as compared to same period last year.

Besides approximately HKD 13 million adverse impact from the change in sales mix, the decrease of earnings in the first half of 2014 is primarily attributable to (i) fair value losses of approximately HKD 23 million arising from forward contracts for hedging against the Group's currency exposure to fluctuations in Renminbi; and (ii) exchange losses of approximately HKD 15 million arising mainly from translation of Renminbi monetary assets kept for supporting the Group's core operations in PRC.