Elegance Optical International Holdings Limited provided earnings guidance for the year ended March 31, 2014. For the year, the group is expected to record a significant increase in loss for the year ended March 31, 2014 as compared to that for the last year. The range of factors attributable to the increase in loss includes, among others, a significant increase in operating costs and labour costs following further increase of minimum wages in the Mainland China and the failure of the Group to achieve a better economy of scale to offset the higher costs during the period.