International Entertainment Corp. provided earnings guidance for the year ended March 31, 2014. For the period, it is expected that the group may record a profit for the year ended 31 March 2014 as compared to a loss for the year ended 31 March 2013.

The expected turnaround to profit which may be significant, was mainly attributable to (i) the recognition of a significant net exchange gain for the year ended 31 March 2014 as compared to a net exchange loss recognised for the year ended 31 March 2013; and (ii) a significant decrease in income tax charge for the year ended 31 March 2014 as compared to the year ended 31 March 2013.