The board of Crocodile Garments Ltd. announced that for the six months ended January 31, 2015, the interim consolidated profit attributable to owners of the company is expected to be within the range of HKD 48 million to HKD 53 million, a material decrease from that of HKD 66.1 million for the corresponding period last year. The decrease in the group's results for the period is primarily due to the material lower revaluation gain arising from the revaluation of the group's investment properties and the devaluation of the financial assets at fair value through profit and loss for the period as compared to the corresponding period last year.