Phoenitron Holdings Limited provided consolidated earnings guidance for the nine months ended September 30, 2015. The Group is expected to record a decrease in net profit of approximately HKD 7 million for the current period as compared to that of the corresponding period in 2014. The Board believes that such expected decrease is mainly attributable to the combined effects of (1) the incurrence of exchange loss on the carrying balance of amount due from a joint venture (as the loan is denominated in Renminbi which has depreciated significantly against Hong Kong Dollars during the current period); (2) decrease in interest income as the interest rate chargeable to a joint venture was adjusted downward during the current period; (3); the above was partly offset by the net profit contributed by the sales of petro-chemical products business which has formally commenced on late September 2014; and (4) there was an one-off adjustment on interest income in the corresponding period in 2014 of approximately HKD 7.1 million.