Midland IC&I Limited provided earnings guidance for the six months ending 30 June 2016. For the period, the group is expected to record a consolidated net loss as compared to a consolidated net profit of approximately HKD 13 million for the six months ended 30 June 2015. The group's results for the six months ending 30 June 2016 have been adversely affected by, among other factors, the significant drop in the non-residential property market sales activities in Hong Kong during the first few months in 2016 as compared to the corresponding period in 2015.