Transcu Group Limited announced unaudited earnings results for the full year ended March 31, 2013. For the quarter, the company reported revenue of $6,412,000 against $8,695,000 a year ago. Loss before tax was $15,305,000 against $14,541,000 a year ago. Net loss attributable to equity holders of the company was $14,852,000 against $14,203,000 a year ago. Diluted loss per share was 0.46 cents against 0.51 cents a year ago. Net cash used in operating activities was $3,287,000 against $6,403,000 a year ago. Purchase of property, plant and equipment was $1,163,000 against $592,000 a year ago. Net assets value per ordinary share was 0.37 cents against 0.16 cents a year ago. Revenue decreased mainly to decrease in cosmetics business due mainly to the drop in direct sales and wholesales channel revenue which are generated from TV promotions.

Transcu Group Limited announced that its Board approved the appointment of Mr. Alan David Gordon as Chief Financial Officer in view of his extensive experience in international business, acquisitions, accounting, budgeting, forecasting, treasury, planning and analysis. Mr. Alan David Gordon will be responsible for the group’s accounting and financial control matters. From 2008 to 2012 he worked as segment financial officer, Global Services and Distribution Segment with SunGard Data Systems Inc.

Transcu Group Limited announced that with effect from April 25, 2013, the company appointed Mr. Akihiko Matsumura as member of the remuneration committee of the company.