The board of directors of Great China Holdings Ltd. informed the shareholders of the company and potential investors that, based on preliminary assessment of the unaudited management accounts of the group and information currently available to the company, the group's profit for the financial year ended 31 December 2012 is expected to increase significantly from that for the financial year ended 31 December 2011. The company considers that the increase in the profit of the group for the financial year ended 31 December 2012 as compared to the previous financial year was mainly attributable to the improvement in the performance of the fishmeal products trading segment of the group as a result of the positive impact of volatility of global fishmeal product prices throughout 2012, as well as the share of fair value gain on the investment properties of the group's associated company.