The board of Directors of Sau San Tong Holdings Limited announced to inform the shareholders of the company and potential investors that, based on information currently available, the unaudited quarterly results of the Group for the three months ended June 30, 2013 is expected to record a loss attributable to the owners of the company as compared to the profit for the three months ended June 30, 2012. Based on the information currently available, the Board considers that the expected loss was primarily attributable to (i) the impact of slowdown of the consumer sentiment which leading to the drop in gross profit margin; and (ii) the increase in operating costs for the period ended June 30, 2013 due to expansion of the business of the Group.
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