Lerado Group (Holding) Company Limited provided group earnings guidance for the six months ending June 30, 2013. Based on the preliminary review of the management accounts of the group for the five months ended 31 May 2013 and the management's estimate, the financial results of the group for the six months ended 30 June 2013 are expected to decrease significantly as compared with that for the corresponding period in 2012. The company considers that the significant decrease in the financial results was mainly attributable to the increase in staff and labour cost and continuous appreciation in Renminbi as compared to the same period of last year.