Playmates Holdings Limited provided preliminary earnings guidance for the six months ended 30 June 2016. For the six months, the company expects to record an unaudited loss after income tax for the period as compared to an unaudited profit after income tax for the corresponding period in 2015. The preliminary financial results reflect (i) a revaluation deficit arising from the revaluation of the Group's investment properties for the Period. The Group expects that the revaluation deficit for the Period is approximately HKD 212 million as compared to a surplus of HKD 156 million for the corresponding period in 2015; and (ii) a decrease in unaudited revenue and unaudited profit after income tax of the company's major subsidiary, Playmates Toys group. The unaudited revenue of the Playmates Toys group for the period is expected to be approximately HKD 595 million as compared to HKD 688 million for the corresponding period in 2015, and the unaudited profit after income tax of Playmates Toys group for the Period is expected to be in the range of HKD 90 million to HKD 98 million as compared to HKD 156 million for the corresponding period in 2015. The decrease in profit was attributable to lower sales due to strong competitions and increase in operating expenses.