Emperor Watch & Jewellery Ltd. provided consolidated earnings guidance for the year ended December 31, 2014. The board of directors informed the shareholders and potential investors of the company that based on the information currently available and preliminary review on the unaudited consolidated management accounts, the annual results of the group for the year ended 31 December 2014 is expected to record a substantial decrease in the profit attributable to the owners of the group as compared with that for the corresponding year ended 31 December 2013. Such decrease is mainly attributable to a decline in revenue as a result of weakened consumer sentiment in relation to continued austerity initiatives and local protest in the second half of 2014; and an increase in rental cost.