Guangdong Land Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2015, For the period, the Group is expects to record an unaudited consolidated profit after tax of not less than HKD 190 million, as compared to the unaudited consolidated profit after tax of approximately HKD 71.9 million for the same period last year. The major factors that accounted for the said increase and the differences in the unaudited consolidated profit after tax for the first six months of 2015 as compared with that for the same period in 2014 include (i) the Group's acquisition of 100% equity interests in Triumphant Success Limited from GDH Limited, the controlling shareholder of the company, at a discount on the fair value of the acquired assets and such discount contributes to a gain on bargain purchase, which will be recognised in the unaudited consolidated statement of profit or loss during the period under review; (ii) the settlement of a loan denominated in Renminbi from a subsidiary to the company coupled with the effect of the slight appreciation of Renminbi against the Hong Kong Dollar recognized at the end of June 2015 leading to a net exchange gain during the period under review, while the Group recorded a net exchange loss of approximately HKD 36.7 million during the same period last year; and (iii) a gain from the sale of staff quarters of approximately HKD 72.1 million which was recorded during the same period last year and there was no such gain recorded during the period under review.