Rivera Holdings Ltd. provided consolidated earnings guidance for the year ended December 31, 2015. For the period, the Group is expected to record a decrease of approximately 10% in its consolidated profit after tax for the year ended 31 December, 2015 as compared with that for the corresponding period in 2014. The expected decrease in the consolidated profit after tax is primarily attributable to an unrealized loss on changes in fair value of the Group's securities investments held for trading resulted from the negative impact from the fluctuation of the stock market and an exchange loss (mainly unrealized) arising from depreciation of Renminbi during the second half of 2015 as the Group keeps a significant cash balance in Renminbi.

Although a decline in the consolidated results of the Group may be recorded, the Board believes that this will not have any material adverse impact on the financial position of the Group.