Leeport Holdings Ltd. provided earnings guidance for the six months ended June 30, 2013. For the period, the company expects to record a loss for the six months ended June 30, 2013 as compared to the profit of approximately HKD 10.3 million in the corresponding period ended June 30, 2012. Based on the preliminary assessment of the group's unaudited management accounts for the six months ended June 30, 2013 and the information currently available to the board, the expected loss for the six months ended June 30, 2013 was primarily attributable to the unsatisfactory economic situation in China.

In the first half of 2013, the machine tool industry in China recorded a double-digit reduction, and this was also reflected in the volume of imports of machine tools. The demand for manufacturing equipment was generally weak, which affected the group's results.