Sino Splendid Holdings Limited announced that based on the information currently available to the Company and the unaudited consolidated management accounts of the Group for the six months ended 30 June 2014, the Group is expected to record a preliminary loss for the six months ended 30 June 2014 against a profit recorded for the corresponding period of last year. The Board believes that the loss was mainly attributable to (i) the drop in revenue due to keen competition in travel media industry; and (ii) the distribution of dividend by the Group's private equity investment last year which is non-recurrent in nature.