The board of directors of Moiselle International Holdings Limited announced to the shareholders of the company and potential investors that the Group expects to record a loss for the six months ended September 30, 2015 as compared to the corresponding period in 2014. Based on a preliminary assessment of the Group's unaudited consolidated management accounts for the Period and the information currently available to the Board, to the best of the directors' knowledge, a loss was caused by the significant decrease in sales turnover mainly attributable to (i) the year-on-year decline in revenue brought about by weak consumers' sentiment and sluggish retail consumption in Hong Kong; and (ii) the reduction in the recorded sales by tourists from Mainland China.