SDM Group Holdings Limited provided earnings guidance for the year ended December 31, 2015. The board of directors of the Company announced that based on a preliminary assessment by the Board based on the information currently available to the Company and such information, which is subject to further adjustments, has not been audited or confirmed by the auditor or reviewed by the audit committee of the Company. The Group is expected to record a loss of approximately HKD 4.5 million for the year ended 31 December 2015 as compared with the loss of approximately HKD 2.3 million for the corresponding period in 2014.

Such increase in loss was mainly due to the additional operation costs of five new dance centres in 2015, which is reflected in the increase in rental expenses; staff costs and other operating expenses for the year, as comparing with revenue for the year of approximately HKD 1.1 million generated by those five new dance centres.