Cosmos Machinery Enterprises Limited provided earnings guidance for the year ended December 31, 2016. Based on a preliminary review on the unaudited consolidated management account of the Group for the financial year ended 31 December 2016 and information presently available to the Board, the Group is expected to record an significant increase in the loss attributable to the equity holders of the company for the financial year ended 31 December 2016 as compared with the loss of HKD 38,817,000 recorded for the financial year of 2015.