Tech Pro Technology Development Limited announced consolidated earnings results for the year ended December 31, 2014. For the year, the company announced turnover of RMB 144,327,000 compared to RMB 167,210,000 for the same period a year ago. Loss before income tax was RMB 267,072,000 compared to RMB 255,628,000 for the same period a year ago.

Loss attributable to owners of the company was RMB 216,852,000 or 15.35 cents per basic and diluted share compared to RMB 245,528,000 or 18.03 cents per basic and diluted share for the same period a year ago. The decrease in the Group's total turnover was primarily attributed to the cease of performing agency services in relation to the agency agreements which were entered in 2013. The consolidated loss was primarily attributable to the impairment loss on goodwill of approximately RMB 96.0 million, impairment loss on other intangible assets of approximately RMB 28.2 million, amortization of other intangible assets of approximately RMB 71.4 million, the net fair value loss on bonds and convertible bonds approximately RMB 22.0 million, allowance for impairment on trade and other receivables of approximately RMB 10.0 million and finance costs, including imputed interests, incurred on the bonds and convertible bonds approximately RMB 33.3 million.