The board of directors of Silver Grant International Industries Limited announced that it is expected that the consolidated profit attributable to owners of the Company for the period ended 30 June 2013 is likely to decline significantly by more than 50% as compared with that of the correspondence period in 2012. The decline in profit are mainly attributable to the unrealized loss recognized from the fair value change of available-for-sale investments and the inclusion of a one-off significant gain on disposal a subsidiary in the correspondence period.