The board of directors of Good Friend International Holdings Inc. informed the shareholders of the company and the potential investors that, based on a preliminary review of presently available information, the group is expected to record an increase of not less than 200% in its consolidated net profit for the six months ended 30 June 2014 as compared to the corresponding period in 2013. The expected significant increase is mainly attributable to the increase in gross profit margin of the sales of CNC machine tools which was caused by the decrease in the costs of raw materials for the corresponding period, against the backdrop of the group's reduced net profit in the corresponding period in 2013.