Peace Map Holding Limited announced earnings guidance for the year ending 31 December 2016. For the period, it is expected that the Group will record a substantial loss for the year ending 31 December 2016, which is mainly attributable to the following factors: (i) Sinbo Investment Limited, a subsidiary of the company, is expected to record a loss for the year ending 31 December 2016, and after giving due consideration to the operating condition and financial performance of Sinbo Group in recent years, the Group is expected to recognise an impairment provision against the goodwill and other intangible assets recorded in Sinbo Group's business relating to the geographic information industry in the year 2016; and (ii) the Group is expected to recognise the imputed interest expenses in respect of outstanding convertible notes.