Ausnutria Dairy Corporation Ltd. provided earnings guidance for the year ending 31 December 2015. The company anticipated that the group will record a substantial decrease in profit attributable to the shareholders, or even a small loss (the Expected Decline in Financial Performance) for the year ending 31 December 2015 as compared to a profit attributable to the shareholders of RMB 90.2 million for the corresponding period in 2014. The Directors believe that the incurrence of the Expected Decline in Financial Performance is primarily attributable to the one-off write-down of inventory in the Netherlands of approximately RMB 97.8 million (equivalent to approximately EUR 14.2 million) for the year ending 31 December 2015.