Playmates Holdings Limited provides group earnings guidance for the year ended December 31, 2016. The company announced that based on a review of the group's preliminary financial results for the year ended 31 December 2016, the group is expected to record a loss after income tax as compared to a profit after income tax in 2015. The preliminary financial results reflect a revaluation deficit arising from the revaluation of the Group's investment properties for the year ended 31 December 2016. The Group expects that the revaluation deficit for the year is approximately HKD 303 million as compared to a surplus of HKD 172 million in 2015; and a decrease in revenue and profit after income tax of the company's major subsidiary, Playmates Toys group.