Cheuk Nang (Holdings) Limited provided earnings guidance for the year ended June 30, 2013. The company expected that the final results of the company and its subsidiaries for the year ended 30 June 2013 may experience a significant reduction in net profit as compared to the net profit for the year ended June 30, 2012. Such reduction was mainly attributable to decline of the amount of positive changes in fair value of the Group's investment properties, increase of finance costs, and the significant amount of income tax expense.