The board of directors of YGM Trading Limited announced that the Group is expected to record a loss after taxation for the six months ending September 30, 2015 as compared to a profit after taxation of approximately HKD 20.1 million for the same period last year. The decline in profit is mainly attributable to the significant decrease in sales in the retail and wholesale of branded garments, leather goods and accessories caused by a decline in the retail markets in which the Group operates, particularly in Hong Kong and China; and the incurring of the one-off legal and professional expenses of approximately HKD 9.0 million in respect of the proposed spin-off and separate listing of the Group's printing business on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited during the period.