Evershine Group Holdings Limited provided earnings guidance for the six months ended 30 June 2016. For the six months, the group is expected to record an increase in loss of around 60% as compared to the unaudited results of the Group for the corresponding period in 2015. Such increase in loss for the period as compared to the corresponding period in 2015 is mainly attributable to increased amortization expenses of intangible assets of the Group. Such amortization expenses is as a result of accounting treatment under the provisions of the applicable accounting standards and is of non-cash nature.