Fujikon Industrial Holdings Limited provided earnings guidance for the six months ended September 30, 2015. For the period, the company expected that the will record a substantial increase in net loss for the six months ended September 30, 2015 as compared to that for the six months ended September 30, 2014. The material decline in the financial performance of the Group was mainly due to, among others, the significant drop in sales as a result of the struggling global economy recovery and the persistent market consolidation in electro-acoustic industry.

During the period between July and September 2015, customers of the Group generally delayed their placement of orders, and such drop in sales continued throughout the entire six-month period; change in the combination of the Group's products sold which led to a drop in the overall gross profit margin for the six months ended September 30, 2015 when compared to that for the six months ended September 30, 2014; and the increase in staff cost for talent retention which did not decrease proportionately with the drop in the Group's sales.