Genvon Group Limited provided group earnings guidance for the full year ended December 31, 2014. The board of directors of the company announced that based on the preliminary review of the Group's unaudited consolidated management accounts for the year ended 31 December 2014 and the information currently available to the Group, the Group expects to record a loss for the year ended December 31, 2014, as opposed to profit for the year ended December 31, 2013. The loss is mainly attributable to the impairment loss of assets in relation to the disposal group classified as held for sale.

The details of the disposal were set out in the Company's circular dated 31 December 2014.