Tingyi Cayman Islands Holding Corp. announced that Group expects to report a decrease in its unaudited consolidated net profit by approximately 35% to 40% for the year ended 31 December 2015 as compared to that for the year ended 31 December 2014. The company believes that the deterioration in its financial results for the year ended 31 December 2015 was mainly attributable to a decline in noodle sales due to the price increase for quality upgrade has resulted in the sales channel taking a wait and see stance for the short term; the beverage business has proactively making provisions for diminution in value based on conservative financial principle; and the fluctuation in exchange rates during the year has also affected the Group's overall results.