The board of directors of the Eforce Holdings Ltd. announced that the group expects to record an increase in loss for year ended 31 December 2011 as compared to the loss for the year ended December 31, 2010 due to primarily, (i) the interest cost and financial effect associated to the issue and early partial redemption of the convertible bonds issued by the company in July 2011; and (ii) the increase in manufacturing costs due to rising raw material prices and labour costs and the appreciation of the Renminbi against the Hong Kong Dollar.