China Ting Group Holdings Limited provided earnings guidance for the six months ended 30 June 2015. The company announced that the operating profit of the group for the six months ended 30 June 2015 would decrease by approximately 34.5% compared with the operating profit of the Group of HKD 44.8 million for the six months ended 30 June 2014. The decrease in the profitability of the Group was primarily a result of the following factors: Additional impairment of loan to Hangzhou China Ting Property Development Company Limited, an associate of the Company, of not more than HKD 20.6 million to be charged to the profit and loss of the Group because of the sluggish residential property condition in Hangzhou, the People's Republic of China.

Additional impairment amount of approximately HKD 20.2 million to be charged to the profit and loss of the Group representing the difference between the investment cost and the fair value of the equity investment in Zhejiang Haoran Property Company Limited, further information on which is set forth in the announcement of the Company dated 25 March 2015. Additional impairment loss of not more than HKD 35.0 million to be charged to the profit and loss of the Group for the goodwill arising from the acquisition of Interfield Industrial Limited in 2008. Interfield Industrial Limited is carrying on fabric printing and dyeing business.