Artini China Company Ltd. provided consolidated earnings guidance for the year ending March 31, 2016. The board of directors of the company announced that, based on the preliminary assessment of the Group's unaudited consolidated management accounts for the eleven months ended February 29, 2016 where the loss for that period is already in excess of HKD 95 million, the Group expects that its loss for the full year ending March 31, 2016 will also exceed HKD 95 million compared to the loss for the year ended March 31, 2015 which was approximately HKD 91 million. The losses are mainly attributable to the decrease in the Group's revenue for the elven-month period ended 29 February 2016 as compared to that of the corresponding period in 2015; effect of share based payment expenses arising from the grants of share options by the Company in July and November 2015; losses on disposals of the investment properties during the elven-month period ended February 29, 2016 as compared to gains on disposal of properties recorded during the year ended March 31, 2015; and no significant gain on disposals of the subsidiaries during the eleven-month period and no significant amount being expected for the full financial year ending March 31, 2016 as compared to significant gains on disposals of subsidiaries recorded for the year ended March 31, 2015.