Rivera Holdings Ltd. provided preliminary consolidated earnings guidance for the year ending December 31, 2014. For the period, the Group is expected to record a substantial decrease of approximately 30% in its consolidated profit after tax for the year ended December 31, 2014 as compared with that for the corresponding period in 2013. The expected decrease in the profit of the Group for the year under review is mainly attributable to a significant drop in the Group's share of profit of an associate.

This associate mainly derived it's revenue for the year 2014 from rental income from its office buildings and commercial centre in Shanghai while the amount of sales proceeds of it's residential development project in Shanghai that could be recognized was reduced in 2014 as compared with that for the corresponding period in 2013 since there were limited residential units available for sale in 2014.