The board of directors of PanAsialum Holdings Company Limited announced that, based on the information currently available, the group is expected to record a loss attributable to owners of the company for the six months ended March 31, 2015, as compared with a profit of HKD 120.3 million for the six months ended March 31, 2014. The loss is mainly attributable to (1) the fact that there is no government grant received in the current period similar to that of approximately HKD 133.2 million received from the Wolong District Government, Nanyang, the People's Republic of China recorded in the relevant period of the last financial year; (2) a decline in sales in the Australian and China markets; and (3) an increase in exchange loss arising from the depreciation of the Australian dollar. If there is future developments that would affect materially the estimations set out in this announcement, the company will provide updates on a timely basis.