The board of directors of GT Group Holdings Limited, before taking into account any possible adjustments in relation to finalisation of the annual results of the group for the year ended 31 December 2016, the group is expected to record a consolidated net loss for the year ended 31 December 2016, as compared to a consolidated net profit for the corresponding period of 2015. Based on the preliminary assessment of unaudited management accounts of the group and financial information currently available and that before taking into account any possible adjustments in relation to finalisation of the annual results of the group for the year ended 31 December 2016, the consolidated net loss is mainly due to the Group will recognise impairment on its unlisted available-for-sale financial assets; and will record net realised loss and unrealised loss on financial assets as stated at fair value through profit or loss of approximately HKD 264 million and HKD 424 million respectively for the year ended 31 December 2016 as compared to net realised gain of approximately HKD 147 million and unrealised gain of approximately HKD 409 million of the same respectively for the corresponding period of 2015.