Cheung Wo International Holdings Limited provided group earnings guidance for the six months ended June 30, 2015. Based on the preliminary assessment of the unaudited consolidated management accounts for the six months ended June 30, 2015, the Group is expected to record a consolidated net loss attributable to the owners of the Company of approximately HKD 30.1 million as compared with net profit attributable to owners of the Company of approximately HKD 4.0 million for the corresponding period in 2014. The major reasons are attributable to: (i) the Company had benefited from recognising part of the compensation income arising from the box-office takings and distribution of the movie "Monkey King" of approximately HKD 14.1 million and recorded it in the corresponding period in 2014, which was not recurrent in the corresponding period in 2015; (ii) the accrued finance costs of approximately HKD 13.5 million in relation to the loan notes which were issued in January 2015; and (iii) the enlarged operating loss sustained from the property and hotel development business.