Pak Fah Yeow International Limited announced that the group expected to record a significant increase in the consolidated net profit attributable to the owners of the company for the year ended 31 December 2014 as compared to the year ended 31 December 2013. The Board considers that the expected increase in profit was mainly attributable to (i) forfeiture of non-returnable deposit for the then proposed disposal of the Group's investment properties in the United Kingdom (the "UK Properties"); (ii) unrealised fair value gain on the UK Properties; and (iii) increase in sales volume of Hoe Hin products and improvement in profit margin. However, such increase was partly offset by a loss from treasury investment, mainly attributable to translation loss of equity and debt securities denominated in foreign currencies due to comparatively strong United States dollars with which the reporting currency Hong Kong dollars is pegged.