The board of directors of HL Technology Group Limited announced that the shareholders of the company and potential investors that, the company is expected to record a loss for the year ending December 31, 2013 which is expected to be greater than that recorded for the six months ended June 30, 2013 after considering the following factors. Based on the unaudited consolidated accounts as at September 30, 2013 of certain subsidiaries of the company which were disposed of by, and ceased to be subsidiaries of, the company on November 26, 2013, the disposal group recorded an unaudited loss for the nine months ended September 30, 2013. The loss was mainly attributable to, among other things, that (i) the continuing challenges and uncertainties in the global economies and the computer and consumer electronics industries which had severely affected the group's businesses; and (ii) as set out in the circular of the company dated June 27, 2013, a substantial notional interest expense incurred by the remaining group due to the early redemption of the promissory note as a result of the disposal.