The board of directors of the Steed Oriental (Holdings) Company Limited announced that based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group, the Group expects to record a significant decrease in consolidated profit attributable to shareholders of the Company for the three months ended 30 June 2015, as compared with the corresponding period in 2014. Such decrease was mainly attributable to the decline in the sales volume arising from the depreciation on the Japanese Yen, the principal currency of major customers, against the United States Dollar in current period.