Neway Group Holdings Limited provided earnings guidance for the first half ended June 30, 2015. The Group is expected to record a loss in the range of approximately HKD 25 million to approximately HKD 30 million for the half year of 2015, The loss was primarily due to the significant decrease in gross profit of the Group mainly as a result of the decrease in revenue for the manufacturing and sales segment for 1H 2015; the decrease in revenue for the music and entertainment business mainly as a result of absence of concert income and drop in song licensing income and artiste management income and the net fair value loss on held-for-trading investments at fair value of approximately HKD 2.3 million recorded during the first half of 2015.