Code Agriculture (Holdings) Limited provided group earnings guidance for the six months ended September 30, 2013. The board of directors of the company announced that the shareholders of the company and potential investors that the Group is expected to record a loss for the six months ended September 30, 2013 as compared to a profit for the corresponding period in 2012. The Board considers that the main reasons of the loss are: the decrease in revenue that derived from the Group's tobacco agriculture operation in the mainland China and there was a gain on disposal of assets held for sale during the six months ended September 30, 2012 while no similar income was recorded during the six months ended September 30, 2013.