Ceneric (Holdings) Limited provided group earnings guidance for the year ended December 31, 2016. The company reported that it is expected that the results of the Company and its subsidiaries (the group) for the year ended 31 December, 2016 may show a loss. Such loss is, among other things, mainly attributable to (i) the one-of amortisation of the two trenches of bonds upon redemption in January 2016, (ii) the amortisation of leasehold land and the depreciation of property, plant and equipment which collectively shared significant amount of the Group's total expenses, (iii) the provision for uncollectible accounts receivable owing by hotel operating rights holders, and (iv) impairment of value of the property, plant and equipment and the licensing rights of the Group.