Integrated Waste Solutions Group Holdings Limited provided consolidated earnings guidance for the year ended 31 March 2015. The board of directors of the company informed shareholders of the company and potential investors that, based on a further assessment by the company's management according to the group's latest unaudited consolidated management accounts and the additional information available to the company, the loss attributable to the equity shareholders of the company is expected to improve due to the reduction of impairment loss on the amounts due from De-consolidated subsidiaries. However, the loss from continuing operations of the group for the year ended 31 March 2015 is expected to increase considerably as compared to that for the year ended 31 March 2014.

Such increase in loss was mainly due to: the reduction in gross profit margin of the Tissue Paper business from 19% to 8% which was attributable to the increase in purchasing costs and intense market competition; and the group has incurred additional administrative costs as a result of relocation to the new Tseung Kwan O Headquarter since October 2014.