DeTeam Company Limited provided earnings guidance for the six months ended June 30, 2014. For the period, the group is expected to record a loss attributable to the owners of the company for the six months ended June 30, 2014, as compared with the corresponding period in 2013. Based on the information currently available, the Board considers that the deterioration in the performance of the Group was mainly attributable to (i) a decrease in the profit of bag business due to drop in sales and drop in gross profit margin; (ii) and increase in administrative expenses.
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