For the year ended 31 December 2013, the Group’s sales of HDD components plummeted by approximately 41.4% as compared with 2012 mainly due to the contraction in the personal computer market and the loss of market share by one or more of its HDD component customers. The impact was partially offset by the increase in sales of automotive and hydraulic equipment components. Overall, the Group’s revenue declined by approximately 9.9% to approximately HK$878.1 million as compared with approximately HK$974.7 million for 2012 while the net profit dropped sharply to approximately HK$2.3 million from approximately HK$70.4 million for 2012 due to contraction in HDD component sales coupled with the rising costs and the operating leverage due to depreciation and other fixed costs.