Ko Yo Chemical Group Limited announced that, due to the average market prices of urea and other chemical products were continue to drop in the year 2014, which in turn leads to a corresponding decrease in profit of the Group. Therefore, the Board expects that a loss will be recorded for the Group in the financial year of 2014. Despite the effect of the abovementioned factors, the Board is of the view that the Group's overall financial position is still healthy and remains positive on the long term prospect of the Group.