Timeless Software Ltd. provided consolidated earnings guidance for the year ended March 31, 2014. The company is expected to record a substantial increase in loss for the year ended March 31, 2014 as compared with the corresponding period in 2013. The substantial increase in loss was mainly attributable to the recognition of impairment losses on intangible assets amounting to approximately HKD 62 million in relation to the company's mining business segment mainly caused by the decrease in the average gold and nickel market price.