Wah Ha Realty Company Limited board of directors announced that based on preliminary assessment by the company's management according to the Group's latest unaudited consolidated management accounts and the information currently available to the company, the final results of the Group for the year ended 31 March 2014 is expected to decline significantly as compared to that for the year ended 31 March 2013. Such decline was primarily due to a substantial decrease in fair value gains arising from revaluations of the investment properties of the Group and its associated companies. Despite the aforesaid, the Board believes that the overall operation of the Group remains sound and intact, and the financial position of the Group remains solid.