Dragonite International Limited announced that the group is expected to record a loss for the six months ended 30 June 2012. Based on the mainly attributable to (i) the fair value losses in financial assets at fair value through profit or loss; (ii) the increase in professional costs for enforcing the Group's intellectual property rights; and (iii) the fair value losses on derivative financial instruments. Mainly due to the decrease in loss on change in fair value of financial assets at fair value through profit or loss, the Group is expected to record a decrease in loss for the six months ended 30 June 2012 as compared to the loss for the corresponding period in 2011.