Herald Holdings Limited provided earnings guidance for the year ended March 31, 2015. The board of directors of the company announced that, based on the information currently available, the Group is expected to record a significant decline in net profit for the financial year ended 31 March 2015 as compared to the financial year ended 31 March 2014. Such expected decline in net profit is mainly due to an approximately 5% fall in sales revenue amid difficult market environment; and net foreign exchange losses of approximately HKD 11 million arising mainly from the depreciation of the pound sterling as compared to net foreign exchange gains of HKD 6 million in the previous financial year.