Green International Holdings Limited provided earnings guidance for the six months ended 30 June 2016. The Group expects a net loss for the six months ended 30 June 2016 will be recorded as compared to the net profit of approximately HKD 5 million for the six months ended 30 June 2015. Based on the relevant information currently available to the Board, the Group's turnaround from profit to loss for the current period was mainly attributable to a gain on bargain purchase in the amount of approximately HKD 37 million being recognised upon completion of the acquisition of Rainbow Star Global Limited for the six months ended 30 June 2015. The expected net loss of the Group for the six months ended 30 June 2016 was also attributable to increase in finance costs; and fair value losses arising on derivative financial instruments in relation to certain of the Group's issued and to be issued convertible bonds.