The board of directors Loudong General Nice Resources (China) Holdings Limited announced that it is expected to record a significant decrease in the profit attributable to the owners of the company for the six months ended 30 June 2014 as compared with that for the six months ended 30 June 2013. The expected significant decrease in the profit is mainly attributable to the continuous decrease in selling price of metallurgical coke, amidst a slowing global economy and a tepid domestic market in China; and
the increase in income tax expense aroused from the trading segment.