Kong Shum Union Property Management (Holding) Limited provided earnings guidance for the first quarter of 2016. The group anticipated that it will record an unaudited consolidated profit attributable to owners of the company of not less than HKD 1.0 million for the first quarter of 2016, as compared to a loss attributable to owners of the Company of approximately HKD 2.66 million in the corresponding period in 2015. The expected turnaround was mainly attributable to the decrease in administrative expenses and other operating expenses for the First Quarter of 2016 as no share-based payments for share options were incurred during such period.