South China Financial Holdings Limited provided earnings guidance for the year ended December 31, 2015. For the period, the board of directors of the company expected to record a loss for the year ended December 31, 2015, but such loss is expected to be reduced by approximately 75% as opposed to the loss attributable to shareholders of approximately HKD 72.9 million for the corresponding period in 2014. Such improvement in the results of the Group for Year 2015 was mainly attributable to the absence of fair value loss on investment properties; and increase in revenue from brokerage business and profit on trading and investment.

The aforesaid factors outweigh the increase in operating expenses in Year 2015.