Steed Oriental (Holdings) Company Limited provided consolidated earnings guidance for the nine months ended December 31, 2015. The group expected to record a consolidated loss attributable to the shareholders for the nine months ended 31 December 2015. The board considers that such loss was mainly attributable to the decrease in the sales volume; the increase in the administrative expenses resulted from the recognition of the share-based payment in which the share options are granted during the period; and net exchange loss resulted by the devaluation of Renminbi as disclosed in interim report for the six month ended 30 September 2015.