PYI Corporation Limited announced that the net profit of the Group for the six months ending September 30, 2012 is expected to decrease substantially as compared to the net profit of the Group for the corresponding period in 2011. Such substantial decrease was mainly attributable to: absence of any substantial gain on disposal of investment for the six months ending September 30, 2012 as compared to a non-recurring substantial gain on disposal of 50.1% interest in Yangkou Port Co. earned for the corresponding period in 2011; possible unrealized exchange loss arising from Renminbi denominated monetary assets for the six months ending September 30, 2012 as compared to a considerable unrealized exchange gain arising from the assets for the corresponding period in 2011; and possible substantial decrease in sale of property stock for the six months ending September 30, 2012 as compared to that for the corresponding period in 2011.