Evergreen International Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. The board announced that based on the preliminary review of the group's unaudited consolidated management accounts for the 11 months ended November 30, 2015 and the currently available information, the group is expected to record an increase in the loss attributable to ordinary equity holders of the company for the year ended December 31, 2015 by approximately over 90% as compared to that for the year ended December 31, 2014. Based on the information currently available to the board, the expected increase in the loss attributable to ordinary equity holders of the company is mainly attributable to (1) the decrease in revenue in proprietary brands of menswear segment as a result of worsening market condition and continued sluggish retail environment as compared to the same period in 2014; (2) the recognition of non-cash share-based payment expenses related to the grant of share options and awards as set out in previous announcement dated January 23, 2015; (3) the increase in non-cash write-down of inventories provision; and (4) the expected operating loss incurred in the start-up stage for the group's high-end children's wear and accessories products segment.