The Board of Directors of Dukang Distillers Holdings Ltd. announced that the Group expects its overall revenues and earnings to be significantly lower for the full year ended 30 June 2014 as compared to the previous financial year ended 30 June 2013. This was mainly due to the decrease in average selling prices and sales volumes of Luoyang Dukang and Siwu products as Chinese government continued austerity measures affect the sales of wine and spirit across the nation; and higher advertising and promotional expenses due to intensified advertising and promotional activities.