Culture Landmark Investment Limited provided earnings guidance for the year ended 31 March 2015. The company announced that based on a preliminary review of the unaudited consolidated management accounts of the group and other information currently available to the Board, it is expected that the group would record a loss for the year ended 31 March 2015. The Board believes that the expected loss for the year ended 31 March 2015 is primarily attributable to the drop in the turnover in the principal activities of the group; the impairment of goodwill and intangible assets for the provision of intellectual property enforcement services business and exhibition-related business; the loss on the disposal of Hua Rong Sheng Shi Holding Limited; and the impairment of available-for-sale investments.

However, the Board believes that such loss would not have any material impact on the financial position of the group.