Motic (Xiamen) Electric Group provided earnings guidance for 2014. The company forecasted that net profit for 2014 would drop 10% to 20% from a year ago to CNY 35.67 million to CNY 40.13 million. Sales revenue overseas dropped while expenditures on mergers and acquisition rose.

Besides, exchange loss of finance fees increased due to large depreciation of euros and non-recurring profit and loss will hit CNY 500,000 to CNY 1 million.