Luen Thai Holdings Ltd. provided earnings guidance for the six months ended June 30, 2015. For the period, the profit attributable to the owners of the company for the six months ended June 30, 2015 is expected to decrease by approximately 55% to 65% as compared to the corresponding period in 2014. The board believes that such significant decrease is mainly attributable to the unsatisfactory performance of Ocean Sky Global (S) Pte.

Ltd. and its subsidiaries within the Group due to the revamping of their factory operation and redeployment of employees in Cambodia, resulting in a drop in the gross margin and hence the net profit under the Casual and Fashion Apparel Division of the Group; and the orders placed by a major Japanese customer in the first half of 2015 have reduced more than what the company originally expected and thus affecting the gross margin and net profit under the Casual and Fashion Apparel Division of the Group.