Dynasty Fine Wines Group Ltd. provided earnings guidance for the six months ended June 30, 2016. For the period, the company expects that its consolidated loss would be higher than that of loss for the same period last year by ranging from 10%­ to 20%, subject to potential adjustments following further internal review. The company estimates that loss is mainly attributable to: a decrease in revenue as a result of more cautious consuming sentiments amid the impact of economic slowdown in China; unsatisfactory sales performance in the nationwide supermarket channel which is one of main off-trade channels of the Group; impact of imported wines especially low to medium end imported wines which grab the market shares of domestic wines; and an increase in distribution costs as a percentage of revenue compared to the same period in previous year's due to continuous increase in investment in brand building, sales and marketing in response to the market change and sustainable development of the company, which offsets the gross profit.