Tern Properties Company Limited provided earnings guidance for the year ended March 31, 2013. The board of directors of the company informed the shareholders of the company and potential investors that the Group is expected to record a significant increase in profit for the year ended March 31, 2013 as compared to the profit for the year ended March 31, 2012. Such increase in profit was mainly attributable to the increase in fair value of the Group's investment properties as a result of the current economic conditions.