Dukang Distillers Holdings

[Wildreamz]

The Board of Directors (the “Board”) of Dukang Distillers Holdings Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Group expects its overall revenue and earnings to be significantly lower for the three months ended 31 December 2013 (“2Q2013”) compared to the three months ended 31 December 2012 (“2Q2012”).

This was mainly due to:

i) the decrease in average selling prices and sales volumes of Luoyang Dukang and Siwu products as Chinese austerity measures had affected the sales of wine and spirit across the nation; and

ii) higher advertising and promotional expenses due to intensified advertising and promotional activities.

http://infopub.sgx.com/FileOpen/DKDH-2Q2...eID=273445

Reserve my opinion until the financial report is out..