The board of directors of TPV Technology Ltd. announced that the company and its subsidiaries (collectively, the Group) is expected to record a loss after tax for the year ended 31 December 2013 compared to a profit after tax for 2012, due to continued weakness in demand in key markets, the depreciation of emerging market currencies against US Dollars and the provisions made for the restructuring and streamlining of the business of TP Vision, the effects of which were partially offset by the gain on disposal of property in the PRC as announced on 25 November 2013.