Tech Pro Technology Development Limited provided earnings guidance for the year ended December 31, 2016. The group is expected to record an increase in the consolidated net loss for the year ended 31 December 2016, as compared to the consolidated net loss recorded for the year ended 31 December 2015. The Board announced that the increase in the Group's consolidated net loss for the year ended 31 December 2016 was primarily attributed to: the increase in impairment loss on other intangible assets due to the lower-than-expected growth in the LED lighting market; and the increase in administrative and other operating expenses for the professional football club segment due to the inclusion of a full financial year expenses for the year ended 31 December 2016, as opposed to a half-year expenses for the year ended 31 December 2015 as the acquisition of the French football club was only completed in July 2015.