Yanchang Petroleum International Limited provided earnings guidance for the year ended December 31, 2016. For the period, the Group is expected to record a loss of around HKD 272 million, which has been significantly reduced as compared to a substantial loss of around HKD 4.5 billion for the previous year. The Group is expected to record an operating loss of around HKD 65 million for the year ended December 31, 2016.