Vision Fame International Holding Limited announced that based on the preliminary assessment of the latest available unaudited management consolidated accounts of the group, the group is expected to record a significant decrease in profit for the year ended 31 March 2012 as compared to the profit for the same corresponding period in 2011 as disclosed in the prospectus of the Company dated 30 December 2011, mainly due to the fact that: (i) a number of sizable projects across all three business segments were substantially completed in 2010 to early 2011 and (ii) the progress of several newly-awarded projects during the year under review were still at an early stage such that revenue was not substantially reflected in the year ended 31 March 2012.