CIL Holdings Limited provided consolidated earnings guidance for the full year ended 30 June 2016. The board of directors of the company announced that based on information currently available to the board, despite a substantial decline in operating revenue and gross profit, the group may record an amount of audited consolidated net profit for the year ended 30 June 2016 as compared to the audited consolidated net loss of approximately HKD 61,176,000 for the last financial year. Such expected audited consolidated net profit for the year is mainly attributable to gains arising from written back of payables in relation to litigation amounting to approximately HKD 69,000,000.