The board of directors of Pegasus Entertainment Holdings Limited announced that the Group is expected to record a loss for the year ended June 30, 2015 as compared with a profit for the corresponding period in 2014. Based on the information currently available, such unexpected turnaround from profit to loss was principally attributable to the accounting treatment of the acquisition of Chili Advertising & Promotions Limited and its subsidiaries.
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- Pegasus Entertainment Holdings Limited Provides Earnings Guidance for the Year Ended June 30, 2015