Glory Flame Holdings Limited provided earnings guidance for the three months ended 31 March 2016. For the period, the group is expected to record a net loss of approximately HKD 5.2 million as compared with net loss of approximately HKD 500,000 for the three months ended 31 March 2015. Such increase in net loss was mainly due to the combined effect of the following factors: the impairment from the investment in securities of approximately HKD 2.8 million; and the increase in staff costs as well as Directors' emoluments.