Karrie International Holdings Ltd. provided earnings guidance for the year ended March 31, 2014. The company expects to record a substantial decrease in the net profit for the financial year ended 31 March 2014 as compared to that for the financial year ended 31 March 2013. The decrease in the net profit is mainly attributable to (i) the loss from the consumer-related and service business of the Group, which is still in the development stage; and (ii) the fair value losses of approximately HKD 40 million arising from revaluation of certain foreign exchange forward contracts entered into by the Group with a view to minimizing the Group's currency risk exposure to fluctuations in Renminbi.