Citychamp Watch & Jewellery Group Limited provided group earnings guidance for the year ended 31 December 2014. The company announced the unaudited management accounts for the year ended 31 December 2014 and other information that the core business of the company were performed satisfactorily and is expected to record a modest increase in revenue and gross profit as compared to the year ended 31 December 2013. As a result of the impairment losses and the decrease in gain on disposal of available-for-sale financial assets, it is expected that the group will record a significant decrease in profit attributable to owners of the company for the year ended 31 December 2014 as compared to the year ended 31 December 2013.