Ground Properties Company Limited provided group earnings guidance for the year ended March 31, 2015. The Board announced that based on the management information currently available, the net loss of the Group for the year ended March 31, 2015 (the Year 2015) are expected to significantly increase by over sixfold from that of the corresponding year ended March 31, 2014 (the Year 2014) of approximately HKD 3.8 million. During the Year 2015, the Group is expected to record an overall increase in turnover primarily as a result of the significant increase in sales of mobile phones, headphones and other products with low profit margin by over 100%.

As a result, the overall gross profit is expected to increase by over 30% as compared with that of the Year 2014. In addition, the Group is expected to record an increase in fair value of investment properties of approximately HKD 25.0 million (Year 2014: approximately HKD 11.0 million) in the Year 2015. Despite the increase in revenue, gross profit and the fair value of investment properties, the Group is expected to record a significant increase in net loss for the Year 2015, which was mainly attributable to a substantial increase of approximately HKD 27.3 million (Year 2014: Nil) in share-based payment expense upon the grants of share options on June 19, 2014 and October 24, 2014; and an increase in interest expense of approximately HKD 13.0 million (Year 2014: approximately HKD 3.8 million) arising from the Group's bank borrowings and promissory note.