The board of directors of DeTeam Company Limited announced the shareholders of the company and potential investors that the unaudited interim results of the Group for the six months ended 30 June 2013 are expected to record a profit as compared to a loss for the corresponding period in 2012. Based on the information currently available, the board considers that such improvement was mainly attributable to an increase in the Group's gross profit as a result of an increase in the average selling price of higher grade coal exploited from the underground coal mine leading to an improvement of its gross profit margin; and the absence of the one-off share option expenses relating to the grant of the company's share options.
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