Evershine Group Holdings Limited provided group earnings guidance for the year ended December 31, 2016. For the year, the group is expected to record a significant increase in loss as compared to the audited results of the group for the corresponding period in 2015. Such increase in loss for the year as compared to 2015 were mainly attributable to (i) the increase of depreciation expenses of office premises of approximately HKD 2 million; (ii) the increase of staff costs together with rental expenses of approximately HKD 6 million; (iii) the increase of impairment loss on intangible assets and goodwill of approximately HKD 26 million; (iv) the increase of finance costs of approximately HKD 11 million; and (v) the absence of the gain on disposal of subsidiaries of last year of approximately HKD 19 million.