Neo-Neon Holdings Limited provided consolidated earnings guidance for the year ended March 31, 2014. the Group is expected to record a substantial consolidated loss attributable to owners of the company of approximately HKD 849 million for the year ended March 31, 2014 (Subject to audit), represents an increase of 36.1% from the audited consolidated loss attributable to owners of the company of approximately HKD 624 million for the year ended March 31, 2013. The Board considered that the consolidated loss recorded for the year ended March 31, 2014 is mainly due to the fact that impairment losses recognized in respect of property, plant and equipment; impairment losses recognized in respect of goodwill and deposit made on acquisition of available-for-sale investments; gross margin has shrank due to the surging labour costs and operating expenses; and allowance for inventories and allowance for bad and doubtful debts in light of the worsening economic conditions.