Sparkle Roll Group Limited Provides Earnings Guidance for the Six Months Ended 30 September 2013
automobile dealerships business of the group, which generated approximately 96% of total revenues of the Group for the six months ended 30 September 2013, as a result of keen competition of automobile dealerships following new dealers established in cities near Beijing and Tianjin although there was a modest increase in number of automobiles sold by the group; (ii) significant decrease in gross profit margin of watches & jewelries business as a result of sales promotion and (iii) substantial drop in sales of top fine wines although sales of private label wine, Ex-Chateau, recorded improvement.