Evergreen International Holdings Limited provided group earning guidance for the six months ended June 30, 2014. For the period, the group expected to record a significant decrease in the consolidated profit attributable to the ordinary equity holders of the company as compared to previous year. 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 conditions and continued sluggish retail environment; the decrease in gross profit margin because of intense competition in the menswear market; and the increase in interest on bank loans as a result of the increase in interest-bearing bank borrowings.