Oriental City Group Holdings Limited provided group earnings guidance for the nine months ended December 31, 2013. The company expected to record a loss for the nine months ended 31 December 2013 against a profit recorded for the comparative period ended 31 December 2012. In addition, the Group is expected to record a substantial loss attributable to the equity holders of the company for the nine months ended 31 December 2013.

Such estimated loss was primarily attributable to the increase in the general administrative expenses of the Group which was caused by the increase in the share-based payment expenses on share options granted and the legal and professional expenses incurred for the possible acquisitions and investments; and the drop in gross profit as a result of the political instability in Thailand and the decrease in the merchant discount rate charged to one of the major merchants of the Group.