Evergreen International Holdings Limited provided earnings guidance for the year ended 31 December 2014. Based on the preliminary review the group is expected to record a significant decrease in the consolidated profit attributable to the ordinary equity holders of the company for the year ended 31 December 2014 as compared to that for the year ended 31 December 2013. Based on the information currently available to the Board, the expected decrease in the consolidated profit attributable to the ordinary equity holders of the company is mainly attributable to the decrease in revenue as a result of worsening market condition, continued sluggish retail environment and rapid growth of e-Commerce; the increase in administrative and other expenses including but not limited to the increase in staff cost in connection with the group's business expansion and development; and the increase in interest on bank borrowings as a result of the increase in interest-bearing bank borrowings for supporting the group's business expansion and development.