The board of directors of China Packaging Holdings Development Limited informed the shareholders of the company and potential investors that based on the preliminary review of the unaudited consolidated management accounts of the group, the group is expected to record an increase in the turnover and the profit attributable to owners of the company for the twelve months ended 31 December 2013 as compared with those for the corresponding year in 2012 benefited primarily by a growth of the group's paper-based packaging product business in the year 2013.