Juda International Holdings Limited provided group earnings guidance for the year ended 31 March 2013. The board of directors of the company expected that the financial results of the group for the year ended 31 March 2013 may experience a substantial decrease in net profit as compared to that for the year ended 31 March 2012. Such estimated decrease was primarily attributable to: the listing expenses charged to the group's statement of comprehensive income for the year ended 31 March 2013 upon completion of the listing of the company on 2 April 2012; higher administrative expenses incurred by the group upon listing of the company; and increase in effective income tax rate of the group for the year ended 31 March 2013 as Nice World Chemical Industry (Xiamen) Co.

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