The board of directors of Huscoke Resources Holdings Limited announced that based on a preliminary review of the group's unaudited management accounts for the ten months ended 31 October 2013 and the information currently available to the board, the board currently estimates that the group will likely record a loss for the year ending 31 December 2013. The loss is principally attributable to (i) the drop in coke pries, (ii) the higher selling and distribution costs and (iii) higher administrative expenses due to the commencement of the new office building operation during the year.