Nature Home Holding Company Limited provided consolidated earnings guidance for the year ended December 31, 2014. The group is expected to record a consolidated net loss for the year ended 31 December 2014 as compared to the consolidated net profit for the year ended 31 December 2013. The loss is mainly attributable to the recognition of a substantial decrease in fair value of the Group's biological assets for the year ended 31 December 2014 while there was a positive net change in the fair value of the Group's biological assets for the year ended 31 December 2013. The related loss is non-cash in nature and has no effect on the cash flow of the Group.
However, the Group is expected to record an increase in revenue and gross profit for the year ended 31 December 2014 as compared with the year ended 31 December 2013.