Tang Palace (China) Holdings Limited provided profit guidance for six months ended 30 June 2013. For the period the company expects a decrease in unaudited profit for the period attributable to owners of the Company. The company said that the reduction in the profit for the period attributable to owners of the company was mainly attributable to (i) the issuance of a set of regulations and restrictions to promote frugality and curb waste by the Chinese government, casting an impact on certain customer groups' expenditure; (ii) the impact from avian influenza and the Chinese Government's policies on poultry sale suspension in the second quarter of 2013, resulting in a decrease in sales at certain stores.