Casablanca Group Limited announced earnings guidance for the six months ending June 30, 2015. The board of directors of the Company, based on the preliminary review of the unaudited consolidated management accounts of the Group for the five months ended May 31, 2015 and the management's estimate, it is anticipated that the Group will record a loss for the six months ending 30 June 2015 as compared to a profit for the corresponding period in 2014. Based on the information currently available, such turnaround from profit to loss is mainly due to the factors of the absence of the significant sales of duvets under a bulk-purchase agreement to a wholesale customer in Hong Kong as for the corresponding period in 2014; the additional advertising and promotional expenses incurred for introducing new products and strengthening the brand and image of the Group; and the expenses of share-based payment for share options granted.