The board of directors of Winox Holdings Limited announced that, based on the preliminary review on the management accounts of the Group for the six months ended June 30, 2014 and the information currently available to the Board, the Group is expected to record a significant decrease in profit for the six months ended June 30, 2014 as compared with that reported for the corresponding period in 2013. Such decrease in profit was mainly attributable to (i) the decrease in sales of watch bracelets and mobile phone cases and parts; and (ii) the escalated staff and labour costs.