The Board of Directors of Annica Holdings Limited announced that based on a preliminary review of the unaudited financial results of the Company and its subsidiaries, the Group expects to report an unaudited consolidated net loss for the full financial year ended 31 December 2014, arising primarily from: 1. operating losses from the biomass projects and engineering services segments; and 2. unrealised fair value loss adjustments on and loss on disposal of investments in financial assets and impairment loss on goodwill from the investment holding segment.