China Information Technology Development Limited provided earnings guidance for the first quarter ended March 31, 2013. The company announced that based on preliminary review on the unaudited consolidated management accounts of the Group, the Group is expected to record a profit for the three months ended March 31, 2013 as compared to a loss of approximately HKD 7.8 million incurred for the three months period ended March 31, 2012. The profit was mainly attributable to the unaudited gain arising from the disposal of equity interests in Astoria Innovations Limited.