Mallouppas & Papacostas Public Co. Ltd. provided earning guidance for the year ended December 31, 2016. The company expects the Group's results for the year ended 31 December 2016 to be significantly improved compared to the corresponding results for the year ended 31 December 2015. This improvement is due to a considerable decrease in the fair value loss in investments and property and the increase in turnover in all of the Group's activities for 2016 compared to 2015.