The board of directors of PNG Resources Holdings Limited announced that the group is expected that the profit attributable to the owners of the company for the six months ended 30 September 2014 will increase substantially by more than 150% as compared to the corresponding period in 2013. The expected increase was mainly due to, among other things, the increase in profit realized from the sales of property in the People's Republic of China and the increase in fair value of the financial assets at fair value through profit or loss, despite the negative impact of the losses on the deemed disposal of an associate of the group.