Sino Golf Holdings Ltd. provided earnings guidance for the six months ended June 30, 2016. For the period, the company expected to record an increase in the loss attributable to the shareholders to not more than HKD 55,000,000 as compared to the loss recorded for the same period in 2015. The reasons for the expected loss are mainly attributed to the continuous downturn in the golf market during the period which further reduced the Group's turnover and the finance cost charged on the promissory note in relation to the newly acquired hotel investment project.