The board of directors of China Environmental Resources Group Limited is expected to record a decrease in losses for the six months ended 31 December 2014 as compared to the interim results for the corresponding period in 2013. This is the combined effects of (i) decrease in gross profits resulted from a fall in green technology advisory fee income; (ii) net loss on fair value changes of financial assets at fair value through profit or loss; (iii) gains from changes in fair value less costs to sell of biological assets; and (iv) general and administrative expenses savings due to cost-tightening measures taken by the management during the six months ended 31 December 2014.