Global Palm Resources Holdings Limited provided earnings guidance for the third quarter and nine months ended September 30, 2013. The Board of Directors announced following a preliminary review of the unaudited financial results of the company and its subsidiaries for third quarter of 2013, the Group expects its net profit for company and its subsidiaries for the third quarter ended September 30, 2013 and for the nine months ended September 30, 2013 to be substantially lower than that of the preceding quarter ended September 30, 2012 and nine months ended September 30, 2012 The weaker than expected financial performance for the third quarter of 2013 is mainly due to the depreciation of IDR against SGD. The weaker than expected financial performance for nine months 2013 is attributable to lower revenue recognition.