The board of directors of RCG Holdings Limited informed shareholders of the company and potential investors that, based on the information currently available, the group is expected to record a loss for the six months ended 30 June 2016 as compared to the profit for the corresponding period in 2015. The Board believes that such loss is mainly attributable to the unfavourable performance of the financial assets at fair value through profit or loss, which represent listed securities in Hong Kong held by the group. The overall decrease in fair value of financial assets at fair value through profit or loss had affected adversely on the financial results for the period.