Miko International Holdings Limited provided group earnings guidance for the financial year ended December 31, 2015. The board of directors of the company announced that for the financial year ended December 31, 2015, group expects to record a significant decrease in profit attributable to shareholders by not less than 50% as compared to the financial year of 2014. The expected decrease in profit attributable to shareholders is mainly attributable to the further slowdown of the consumer market growth in the PRC which impacted sales performance of own branded products and resulted in a slash in prices with gross profit margin being squeezed.