Energy International Investments Holdings Limited provided earnings guidance for the year ended December 31, 2016. The group is expected to record a significant decrease in loss for the year by approximately HKD 300 million as compared to loss for the year ended 31 December 2015 of approximately HKD 532 million. The expected decrease in such loss is mainly attributable to the reversal of impairment losses of property, plant and equipment and prepaid land lease payments in respect of the Group's supply of electricity and heat segment of which impairment losses with an aggregate of approximately HKD 55 million had been recognised in 2015; and the decrease in impairment losses of intangible assets and property, plant and equipment in respect of the Group's oil production segment of which an aggregate of approximately HKD 442 million had been recognised in 2015.