C Y Foundation Group Limited provided earnings guidance for the six month ended September 30, 2015. The board of directors of the company announced that based on a preliminary assessment of the latest available unaudited management accounts of the group, the consolidated loss of the group for the six month ended September 30, 2015 is expected to increase to a greater extent as compared to that of the corresponding period in 2014. The expected increase of loss was mainly attributable to: the deterioration in the performance of the business of the provision of services on management of electronic gaming equipment in Macau, which reflected the diminishing economic growth rate recorded in the People's Republic of China and the negative impact of the tightened administrative measures on PRC visitors travelling to Macau initiated by the central government of China; the decline in revenue and margin of the packaging business owning to keen competition on packaging market; an indication of potential impairment losses on the goodwill in relation to the group's electronic gaming business segment, which is subject to the further review by the company and the finalization of impairment assessment by an independent professional valuer; and additional recognition of share-based payments arising from share options granted to employees, directors and a consultant of the company.