Tempus Holdings Limited provided earnings guidance for the year ending December 31, 2016. For the year the board of directors of the Tempus Holdings announced the shareholders of the company that based on accounts of the Group for the nine months ended 30 September 2016 and the expected financial performance of the Group for the fourth quarter of 2016, the Group is expected to record a loss for year ending 31 December 2016. The expected loss is mainly attributable to (i) one-off transaction and compliance costs in relation to acquisition of properties and new businesses; (ii) continuous weakening of retail markets in Hong Kong, Macau and Southeast Asia together with high fixed costs for retails sales; and (iii) decrease in corporate sales, which has relatively high profit margin.