The board of directors of Wai Chun Group Holdings Limited expected to record a substantial increase in loss for the year ended 31 March 2014 as compared to the year ended 31 March 2013. The substantial increase in loss was mainly attributable to an increase in operating expenses due to the business expansion of the Group in the People's Republic of China and a decrease in other income as there was a compensation income related to guarantee amount paid and vehicle lost case in previous year for the year ended 31 March 2013 while no similar gain was recorded during the year ended 31 March 2014.