Kenford Group Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2014. The company expects that the group will record a loss attributable to owners of the company as compared to a profit attributable to owners of the company of approximately HKD 21,283,000 for the financial year ended 31 March 2013. The expected loss is primarily attributable to: The decrease in sales as a result of a decrease in orders from Mainland China and Thailand markets; The increase in statutory minimum wages of approximately 20% in the Mainland China; and The increase in components cost and operating expenses as a result of the appreciation of Renminbi.