Moiselle International Holdings Ltd. provided earnings guidance for the year ended march 31, 2013. The Group expects to record a substantial decrease in profit for the year ended March 31, 2013 as compared to the corresponding period in 2012. Based on a preliminary assessment of the Group's unaudited consolidated management accounts for the year ended March 31, 2013 and the information currently available to the Board, to the best of the Directors' knowledge, the significant decrease in profit was mainly attributable to (i) the absence of one-off gain on property disposal recorded in the previous financial year; (ii) the reduction in the recorded sales of the Group's retail business in PRC as a result of downturn in the retail market of PRC; and (iii) the increase in rent, labour and other administrative costs.