Wing Lee Property Investments Limited provided unaudited earnings guidance for the year ended December 31, 2016. The group expects to record a net loss for the year as compared with a net profit recorded for 2015. This is mainly attributable to the fact that there is expected to be a net decrease in fair values of the Group's investment properties for the year ended 31 December 2016 as compared with a net increase for 2015, which reflects the general market conditions of the commercial retail and residential investment property market in Hong Kong for the period under review.