The board of directors of BEP International Holdings Ltd. announced earnings guidance for the year ended March 31, 2014. For the year, it is anticipated that the Group may record a loss as compared to the profit for the year ended March 31, 2013. The expected loss is mainly attributable to the decrease in profit margin generated from the Group's electrical and electronic consumer products businesses primarily owing to intensified market competition and escalation of materials, labour and overhead costs of the manufacturing plant in mainland China (the 'Manufacturing Plant') and the impairment loss of goodwill arose essentially upon acquisition of the Manufacturing Plant.
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