Same Time Holdings Ltd. provided earnings guidance for the financial year ending 31 March 2014. The board of directors of the company announced that based on the unaudited financial results of the group for the nine months ended 31 December 2013; and the preliminary valuation by an independent value on the outstanding convertible bond (CB) issued by the company as of 31 December 2013, the company continued to record a net loss for the nine months ended 31 December 2013, primarily due to the change in fair value of the derivative relating to the CB as a result of the change in the trading price of the shares of the after the financial year ended 31 March 2013 and up to and including 31 December 2013. Due to the above and based on the recent trend on the trading price of the Shares and the preliminary assessment of operating information currently available (such as recent orders and indication/intent of customers), notwithstanding that the operating profit of the group for the financial year ending 31 March 2014 (which does not include any change in fair value of the derivative relating to the CB and any realized loss on the derivative upon conversion of the CB) is expected to increase as compared to the corresponding amount for the financial year ended 31 March 2013, the Board believes that the company will continue to record a net loss for the financial year ending 31 March 2014.