The Board of Directors of IFS Capital Limited announced that based on the preliminary review of the Group's draft unaudited consolidated financial results for the second quarter ended 30 June 2013 and for the six months ended 30 June 2013, the IFS Group is expected to report a net loss for the second quarter of 2013 and six months of 2013 as compared to a profit recorded in the respective corresponding periods of the previous year. This is mainly due to the group's decision to make full provisions for loan losses and for unexpired risks in second quarter of 2013 against the business failure of a client.