Pou Sheng International (Holdings) is expecting to report a net loss for the fiscal year ended Sept. 30. This arises from discounts granted to boost sales, higher selling and distribution expenses, increases in inventory provisions, and narrower profit margins on Converse products after an exclusive brand licensee agreement expired at the end of 2008. The company did not give a monetary figure for the estimated loss. For the year that ended Sept. 30, 2008, Pou Sheng, the retail arm of Yue Yuen Industrial (Holdings), had a profit of $70.0 million, an impressive increase of 119.3 percent over the year before.