Poly Property Group Co., Limited provided earnings guidance for the year ending December 31, 2016. For the period, the company expects, to record loss attributable to owners of the company for the year ended 31 December 2015. Such expected loss was mainly attributable to the following reasons: a decline in the gross profit due to decreased revenue and gross profit margin; an impairment loss on properties under development and properties held for sale; exchange loss due to devaluation of Renminbi; a decrease in gains from revaluation of investment properties; and an increase in finance costs.