The Board of Sandmartin International Holdings Limited informed the shareholders of the company and potential investors that based on the review of the latest draft of unaudited consolidated management accounts of the group and other information currently available, it is expected that the group will record a marginal net profit for the six months ended 30 June 2015, as compared to a net loss of HKD 270 million for the six months ended 31 December 2014 a year ago. The expected net profit is mainly attributable to the following: a considerable decrease of impairment loss for the six months ended 30 June 2015 after taken into account the non-recurrent of a one-off impairment loss of approximately HKD 154 million incurred in the Prior Period; no provision was made for operational and restructuring losses arising from the business (Prior Period: approximately HKD 66 million); and the reversal of impairment loss of HKD 20 million from bonds receivable was recognised in profit or loss during the current period.