The board of directors of Huscoke Resources Holdings Limited informed the shareholders of the company and potential investors that, based on a preliminary review of the unaudited management accounts of the Group for the four months ended 30 April 2014, the company is expected to record a loss in this review period as compared to the profit recorded in the corresponding period of 2013. The Board informed the shareholders of the company and potential investors, based on information currently available, the loss is mainly due to (i) the continuous decrease in the price of coke due to the depression in coke market, and (ii) the high cost of production, the company is expected to record a loss in this review period as compared to the profit recorded in the corresponding period of 2013.