Landing International Development Limited provided earnings guidance for the year ended December 31, 2016. The board of directors of the company announced that, group is expected to record an increase in net loss for the year ended 31 December 2016 as compared to the loss for the year ended 31 December 2015. The increase in loss was mainly attributable to change in fair value of financial assets at fair value through profit or loss; increase in administrative expenses, mainly staff related cost and marketing expenses, incurred in the construction and pre-opening stages of the integrated resort development and property development; and increase in other operating and administrative expenses due to expansion of the group.