The board of directors of Sparkle Roll Group Limited announced to the shareholders of the company and potential investors that the group is expected to record a significant decrease in profit for the six month period ended September 30, 2012 as compared with the six month period ended September 30, 2011. Such expected significant decrease in profit was mainly due to the softening of economic growth and competitive market conditions that prevailed over the automobile dealership business in the mainland China, while automobile dealership business recorded significant drop in revenue and gross profit for the 6-month period ended September 30, 2012 as compared with the same period ended September 30, 2011. Despite the adverse sales results of automobile dealership business, the overall performance of non-auto businesses, including fine wines, jewelleries and watches, were encouraging and had shown improvement for the six month period ended September 30, 2012.