PNG Resources Holdings Limited provided earnings guidance for the year ended March 31, 2014. For the year, the company expected that the group may record a significant increase in consolidated profits attributable to the owners of the company for the year ended March 31, 2014 as compared to the corresponding period in 2013. The expected increase was mainly due to, among other things, the increase in profit realized from the sales of property in the People's Republic of China, the deemed gain resulting from the rights issue of an associate and the increase in fair value of the financial assets at fair value through profit or loss, despite the negative impact arising from the loss resulting from the decrease in fair value of the plantation assets in Papua New Guinea and the loss on deemed disposal of an associate.