Healthoo International Technology Holdings Limited provided group earnings guidance for the full year ended December 31, 2017. For the year, the group is expected to record a loss for the year ended 31 December 2017 as compared to a profit for the year ended 31 December 2016. The Board considers that the aforesaid turnaround from profit to loss was mainly attributable to the substantial gain on the disposal of HMV M&E Limited and its subsidiary was recognised in profit or loss for the year ended 31 December 2016 whereas no such gain was recognised for the Year; and unrealised fair value loss recognised upon the reclassification of the interest in an associate to investments during the Year (such fair value loss is non-recurring, non-cash in nature and will not have any cash flow impact to the Group).