Lifestyle Properties Development Limited provided group earnings guidance for the full year ended December 31, 2014. Based on the unaudited consolidated management accounts of the Group and the information currently available, the group is expected to record a loss attributable to owners of the Company for the year ended December 31, 2014 in the amount of not more than HKD 14 million, as compared with a profit of HKD 58.6 million for the year ended December 31, 2013. The expected loss for the year ended December 31, 2014 as compared with a profit in 2013 was mainly attributable to (1) absence of disposal gain from the group's investment properties as was recorded in 2013; and (2) recording fair value loss on the group's investment properties as compared with fair value gain in 2013.