The board of directors of Universal Technologies Holdings Ltd. announced to the shareholders of the company and potential investors that it is expected that the final results of the group for the year ended December 31, 2013 may experience a substantial decline or loss as compared to the profit for the year ended December 31, 2012. Based on the information currently available, the board considers that such decline was primarily attributable to: increase of operating costs and administrative expenses, the company has also estimated probable recognition of impairment of the assets. The exact amount of the impairment is yet to be determined but it is expected that such amount will be increased as compared to that in the year ended December 31, 2012.