Silver Base Group Holdings Limited provided earnings guidance for the ten months ended 31 January 2016. For the period, the company expects to record substantial increase in its revenue for the year ended 31 March 2016, as compared to the loss of approximately HKD 19.4 million for the year ended 31 March 2015 as recorded in the annual results of the Group. The Board believes that the expected turnaround in the operating results from loss for the year ended 31 March 2015 to profit is principally attributable to: Sales for famous liquor markets, such as Wuliangye and Moutai, continues to improve.

Sales trended up during low season since the first half of the financial year, and has risen beyond expectation heading into traditional high season; and pro-active and correct adjustments made to the product mix, sales channels and sales team by the Group have grasped the emerging e-commerce business opportunities in due time.