Pacific Plywood Holdings Limited provided earnings guidance for the year ended December 31, 2014. For the year, the group expected to record a consolidated net loss as compared to the consolidated net profit for the year ended December 31, 2013. The expected consolidated net loss was mainly due to the absence of extraordinary items of the fair value gain and gain on disposal of convertible instruments designated as financial assets at fair value through profit or loss; and the recognition of an impairment loss in respect of the goodwill of the forestry business during the current year.