China Foods Limited updated the shareholders of the company and potential investors that the group continues to experience difficult trading conditions and unfavorable market conditions and as a result, the loss sustained by the company in the second half of 2013 is likely to exceed the loss sustained by the company in the first half of 2013, even with the inclusion of the impairment of certain deferred tax assets in the results of the first half of 2013. The company therefore expects to record a significant loss for the year of 2013.