The board of directors of Dynasty Fine Wines Group Ltd. informed the shareholders of the Company and potential investors that it is anticipated the Group would continue to record an unaudited consolidated loss for the year ended 31 December 2015 as compared to the unaudited consolidated loss for the last year. Based on the review of the preliminary estimate and assessment made with reference to the draft unaudited consolidated management accounts of the Group for the year ended 31 December 2015 currently available to the Board, it is expected that the amount of the unaudited consolidated loss for the year ended 31 December 2015 would decrease by approximately 40% as compared with unaudited consolidated loss for the last year, subject to potential adjustments and finalization that might be incurred during the audit. The decrease in the amount of the loss was primarily due to the cost saving following the effective implementation of cost control policy and decrease in provision for impairment of certain aged trade receivables in the year.