The board of directors of Haier Healthwise Holdings Limited informed the shareholders of the company and potential investors that, based on the information currently available to the Board, the group is expected to record a loss attributable to the shareholders of the company for the six months ended 30 September 2015 as compared to the profit attributable to the shareholders of the company for the same period in 2014. Such loss is mainly attributable to the decrease in turnover and gross profit of the Group under challenging market conditions, which resulted in deleveraging of the fixed costs.