Huscoke Resources Holdings Limited announced that based on a preliminary review of the unaudited management accounts of the group for the five months ended 31 May 2015, the company is expected to have a substantial improvement in the review period as compared to the loss of HKD 865 million recorded in the corresponding period of 2014. The Board announced that the improvement is mainly due to the one time gain in the sale of its office property of approximately HKD 76 million after deducting the disposal expenses and its carrying amount; the increase in the price of coke that leads to a gross profit in the review period as compared to the gross loss in the corresponding period of 2014; and no impairment is recorded in the review period as compared to a total of approximately HKD 750 million of impairment recorded in the corresponding period of 2014.