Cathay International Holdings Limited revised group earnings guidance for the year ending December 31, 2015. For the period, the group expected revenue and gross profit performance to be broadly in line with market expectations, albeit slightly lower than anticipated. However, reported operating expenses are expected to be significantly higher than originally anticipated, due to additional spending in supporting and marketing both existing and new product ranges (particularly the latter), and expansion into new product areas.

Consequently the group expects to report a material loss before tax, a performance which will be markedly below market expectations.