The board of directors of Pou Sheng International (Holdings) Limited informed the shareholders of the company and potential investors that, based on its preliminary review of the unaudited consolidated management accounts of the group for the nine months ended 30 September 2014, the group is expected to record a consolidated net profit for the period as compared to a consolidated net loss of approximately USD 23.6 million for the corresponding period in 2013. The group's expected profit position for the period is mainly attributable to (i) improvement in the sales performance of footwear and apparel products and increase in operating efficiency of the group as compared with the corresponding period in 2013; and (ii) decrease in net finance costs and impairment losses on certain assets for the group during the Period.