Goldenmars Technology Holdings Limited provided group earnings guidance for the second quarter and six months ended September 30, 2015. The board of directors of the company announced that the group is expected to record a significant decrease in profit as compared with the last corresponding period. The expected significant decrease in profit was mainly caused by the decrease in gross profit margin due to the fluctuation in market price of raw materials; non-recurring exchange loss in currency translation as a result of the devaluation of RMB; and professional fee incurred for the proposed transfer of listing from the GEM to the Main Board of the Stock Exchange.

The expected mildly decrease in profit for the six months ended 30 September 2015 as compared with the six months ended 30 September 2014 was mainly resulted from the non-recurring exchange loss in currency translation as a result of the devaluation of RMB.