The Board of Directors of Southern Packaging Group Limited announced a profit warning statement in respect of the unaudited financial results of the Company and its subsidiaries for the financial year ended December 31, 2014. The Group expects to report a loss in its unaudited financial results for FY2014. Based on the preliminary financial figures, the loss expected to be reported in FY2014 is primarily attributed to: the share of loss arising from an associated company and the impairment in the carrying value of the investment in the said associated company; and the lower demand for packaging materials in the People's Republic of China coupled with higher operating costs.