Wai Yuen Tong Medicine Holdings Ltd. announced that the group is expected to report a turn from a loss to a profit for the full year ended 31 March 2013 as compared to the year ended 31 March 2012. This positive profit alert announcement is only based on the preliminary review on the draft unaudited consolidated management accounts of the group, which are in the course of finalizing and have yet to be confirmed. The board of directors of Wai Yuen Tong Medicine Holdings Limited announced shareholders and potential investors of the company that the group is expected to report a turn from a loss to a profit for the year ended 31 March 2013 as compared to the year ended 31 March 2012.

Such improvement in results was mainly attributable to, among other things, the increase in gain on change in fair value of investment properties, the turn from a net realized and unrealized loss to a net realized and unrealized gain on held-for-trading investments and the lack of impairment losses recognized for the investment in an associate as compared to the year ended 31 March 2012.