Claridge Public Ltd. provided consolidated earnings guidance for the year 2016. For the year, the company expects to report loss compared to profit in 2015. The decrease in the results is mainly due to the non-recurring income and credits which recognized in 2015, the partial waiver of the repayment of bank borrowings for the amount of EUR 2,000,000, the differed tax credit for the amount of EUR 2,720,848, which resulted from the sale of the hotel in Paphos, the reversal of part of the impairment in the value of the property, plant and equipment of Amathus Beach Hotel Rhodes, which is owned by the associated company Leisure Holding SA.