Mastercraft International Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2015. For the year, the group is expected to record a substantial decrease by not less than 30% in the profit for the year ended 31 December 2015 as compared with that for the year ended 31 December 2014. Such expected decrease in profit of the Group is mainly attributable to the increase in total cost of sales of the Group as a result of the increase in purchase cost of lighting and home furnishing products from the independent contract manufacturers in the People's Republic of China; and the increase in administrative expenses arising from the non-recurring legal and professional fees incurred for the application of transfer of listing of the company from the Growth Enterprise Market to the Main Board of the Stock Exchange.