Silver Grant International Industries Limited provided earnings guidance for the year ended December 31, 2014. Despite the provision for bad debt proposed to be made, the board informed the shareholders and potential investors of the company that the profit attributable to owners of the company for the year ended December 31, 2014 is expected to be likely to record a significant increment of approximately 50% or even more as compared with that for the year ended December 31, 2013. The increase in profit is mainly due to relatively low profit figure for the year of 2013, one-off disposal gain amounting to approximately HKD 160.8 million being realized from the disposal of Yang Quan Coal Industry (Group) Tiantai Investment Limited which was larger than the share of operating loss in 2014 from Yangquan Tiantai amounting to approximately HKD 87.0 million; and reversal of over-provision of deferred tax made in prior periods in respect of those investment properties sold during the year of 2014 amounting to approximately HKD 89.5 million.