China Dredging Environment Protection Holdings Limited provided earnings guidance for the fiscal year 2015. For the year, the company expects to record a after-tax net loss amounting to approximately RMB 191 million. If the impact of the increase in the provision for allowance for doubtful debts in the sum of approximately RMB 377 million in respect of the overdue accounts receivable and associated tax effect of approximately RMB 93 million are not taken into account, the Group's after-tax net profit for fiscal year 2015 will decrease to RMB 93 million, representing a decrease of approximately 15% as compared to RMB 109 million of the Group's after-tax net profit for fiscal year 2014.