Honbridge Holdings Limited provided earnings guidance for the year ended December 31, 2014. For the year, the company expects to report loss, as compared to the profit recorded in the year ended December 31, 2013. The significant loss was mainly attributable to no bargain purchase gain is expected during the current year, while last year a significant gain was arise from the acquisition of 99.99% interest in Brazil iron ore company Sul Americana de Metais S.A. and a significant impairment loss on exploration and evaluation assets is expected based on the latest information available.