L'sea Resources International Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. Group is expected to record a significant increase in net loss for the year ended 31 December 2015 as compared to the audited net loss recorded for the year ended 31 December 2014 primarily attributable to (a) a possible impairment loss on the asset value of the tin mine held by the Group located in Tasmania, Australia based on the preliminary valuation of the tin mine as at 31 December 2015 and an estimated decrease in revenue of the Group for the year ended 31 December 2015 as compared to the year ended 31 December 2014. The possible impairment loss and decrease in Revenues were mainly due to the drop of tin prices in the international market during the year.