Huayi Tencent Entertainment Company Limited provided earnings guidance for the year ended December 31, 2016. The board of directors of the company informed that, based on the group's preliminary unaudited assessment for the year ended 31 December 2016, the Group is expected to record an increase in revenue for the Current Year of approximately 10%. On the other hand, the Group is expected to record a consolidated net loss for the Current Year ranging from approximately HKD 140 million to HKD 150 million, being approximately 70% lower than the consolidated net loss for the year ended 31 December 2015 of approximately HKD 497 million. The significant reduction of the consolidated net loss for the Current Year is mainly attributed to the non-recurrence of loss from discontinued operations for the Prior Year of approximately HKD 364 million.