PINE Technology Holdings Ltd. announced that based on the latest available unaudited consolidated management accounts of the group and the information available for the time being, the board of directors of the company informed shareholders and potential investors of the company that the group is expected to record a loss for the year ended 30 June 2015 as compared to a profit of $809,000 for the corresponding period in 2014. The loss was mainly due to a sluggishness of the overall PC business and the delay in new product launch to mid 2015, which led to a decrease in the overall turnover and gross profit margin. However, the company expects that the overall loss for the year ended 30 June 2015 would be tempered by non-operating income from disposal of a property during the year.