Junefield Department Store Group Limited provided earnings guidance for the six months ended June 30, 2013. For the period, the company expects to record a significant decline in the net profit as compared to the corresponding period in 2012 mainly due to, in view of the volatile market conditions, the unrealised valuation losses in respect of the Group's trading securities and reclassification of the Group's available-for-sale investment to associate, both of which are non-cash items and, therefore, have no material effect on the Group's cash flows.