The board of directors of South West Eco Development Limited announced that the group is expected to record a substantial increase in its net profits attributable to owners of the company for the first quarter ended March 31, 2013 as compared to the corresponding period for the quarter ended March 31, 2012. Such increase was mainly attributable to the significant increase in the gross floor area sold and delivered to purchasers of Fond England during the first quarter of 2013.