Wang On Group Limited provided consolidated earnings guidance for the full year ended March 31, 2014. Based on the preliminary review on the draft unaudited consolidated management accounts of the group for the year ended March 31, 2014, the consolidated profit attributable to owners of the parent for the year ended March 31, 2014 is expected to record a significant increase as compared with that for the corresponding year ended March 31, 2013 which is primarily attributable to, among other things, a significant increase in revenue contribution from property development projects and the disposal of commercial properties and an increase in fair value gain of financial assets at fair value through profit or loss, net, notwithstanding the negative impacts arising from a decrease in fair value gain on revaluation of investment properties, an increase in impairment loss on available-for-sale investments and the non-occurrence of net gain from a bargain purchase gain over a loss on deemed disposal of an associate.