Paladin Limited provided earnings guidance for the six months ended 31 December 2016. The Board informed the shareholders and the potential investors that, based on the preliminary review of the management accounts of the Group for the six months ended 31 December 2016, the Group is expected to record a decrease in profit of approximately 95% as compared to that of the corresponding period in 2015. Such decrease is mainly due to the one-off gain of HKD 895 million arising from disposal of subsidiaries for the six months ended 31 December 2015 which did not occur for the six months ended 31 December 2016.