Tan Chong International Ltd. provided group earnings guidance for the six months ended June 30, 2014. For the period, the company expected to record a significant decrease in net profit as compared with the corresponding period in 2013. The company is of the view that the significant decrease in net profit was mainly due to the loss on fair value of listed investments as compared to a gain in the corresponding period in 2013.

The Group also suffered from drop in its business operation in two large market of Thailand and China. In Thailand, it was due to the political problem since the last quarter of 2013 and in China due to structural change of the vehicle distribution system from a distributor to a dealer status.