Asiaray Media Group Limited provided preliminary earnings guidance for the six months ended 30 June 2016. For the six months, the company expects unaudited consolidated management accounts of the Group for the six months ended 30 June 2016, the company's management expects to record approximate 4% increase in revenue and approximately 80% to 90% decrease in net profit after tax for the six months ended 30 June 2016 as compared with the reported revenue of HKD 637.3 million and net profit after tax of HKD 23.6 million for the corresponding period in 2015, and, accordingly, it is expected that there would be a loss attributable to owners of the company for the 2016 Interim Period. Excluding the exchange variations, the company's management expects to record approximately 10% increase in revenue and approximately 70% to 80% decrease in net profit after tax for the 2016 Interim period.