South China Assets Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2016. For the period, the group expects to report a loss for the as opposed to the profit for the corresponding period in 2015. Such expected change in the results for the period is mainly attributable to the significant decrease of fair value gain on redemption option embedded in redeemable convertible preference shares of a related company recorded in the period, and expected effect from non-capitalisation of administrative expenses and finance costs in properties under development after the disposal of subsidiaries.