Evergreen International Holdings Limited provided earnings guidance for the six months ended 30 June 2015. For the period, the group is expected to record a loss for the six months ended 30 June 2015 in contrast with a profit for the six months ended 30 June 2014. Based on the information currently available to the Board, the expected loss is mainly attributable to the decrease in revenue as a result of the continued sluggish retail environment in the People's Republic of China as compared to the same period in 2014; the increase in selling and administrative expenses including but not limited to the increase in the depreciation charge from the new headquarters in Guangzhou as the Group has moved into the new self-owned headquarters in 2015 and no longer leased the properties as in the prior years and the increase in staff costs and related expenses in connection with the Group's business expansion and development, particularly the new business segment of the retailing and trading of high-end children's wear and accessories products; and the recognition of non-cash share-based payment expenses related to the grant of share options and awards.