The board of directors of Willie International Holdings Limited announced that the group expects to record a consolidated net profit in high eight figures for the year ended December 31, 2013 as compared to a loss of approximately HKD 154 million in the previous financial year. The expected improvement in profitability for the year 2013 was primarily attributable to: the net fair value gain on financial assets at fair value through profit or loss for the year 2013 versus a net fair value loss for the year 2012; and substantial reduction in impairment loss on available-for-sale financial assets for the year 2013 when compared to the previous financial year.