Hua Lien International Holding Co. Ltd. provided earnings guidance for the year ended June 30, 2013. For the period, the company expects to record a substantial increase in loss for the period as compared with that for the corresponding period in 2012.

The anticipated substantial increase in the loss for the period ended June 30, 2013 is mainly attributable to the operating loss of the Group's new Jamaica Sugar Industry Projects as defined in company's circular dated 11 December 2012. The Board believes that the main reasons attributable to the expected substantial operating loss of Jamaica Sugar Industry Projects for the period ended June 30, 2013 are the foreign exchange loss from the U.S. dollar-denominated debts as a result of the depreciation in the value of the Jamaican dollar, and the decrease in fair value of biological assets as a result of the drought conditions and hurricane being experienced have negatively affected the growth and so the expected sugar cane yields of the Jamaica Sugar Industry Projects.