Tang Palace (China) Holdings Limited provided earnings guidance for the eleven months ended November 30, 2016. For the period, the Group expects to record a substantial increase in its profit attributable to owners of the company for the year ending December 31, 2016 as compared to the corresponding period in the previous year. Such increase was mainly attributable to the continuous growth in the revenue of the group and the persistent and effective operating costs management in the second half of this year.