China Child Care Corporation Limited provided earnings guidance for the year ended December 31, 2016. For the year, the group is expected to record an additional loss attributable to equity holders of the company compared to the loss attributable to the equity holders of the company for the year ended 31 December 2015. The additional loss was primary attributable to: the decrease in the revenue of child care products segment due to slowdown of economy in the People's Republic of China and the change in consumers' consumption habits to electronic commerce; the Company continued to invest in brand and marketing promotion, and the fixed costs of the Company were not reduced; and the impairment of goodwill and fixed assets due to continuing loss in child care products segment.