CNNC International Limited provided earnings guidance for the year ended December 31, 2016. For the period, the company expected to record a material decrease in loss for the 2016 year as compared to the loss recorded for the corresponding period in 2015. The material decrease in loss, notwithstanding the Trading Business Loss, is mainly due to the absence of the shared the loss of its associate (Société des Mines d'Azelik S.A.) for approximately HKD 135,715,000; and had made full provision of approximately HKD 72,898,000 for loan receivables from the associate for the 2015 year.