Chow Sang Sang Holdings International Limited provided earnings guidance for the year ended December 31, 2016. The Board of Directors of the company announced that the profit of the group for the year ended 31 December 2016 is expected to record a decrease of approximately 30% - 40% as compared to that for the year ended 31 December 2015. The reasons for the decrease are: in the last corresponding period of 2015, there was a one-off gain on the disposal of part of long-term holding of shares in Hong Kong Exchanges and Clearing Limited of HKD 246 million, and a decline in turnover due to weakened consumer demand in Mainland China and Hong Kong.