Advanced Holdings Ltd. provided group earnings guidance for the first quarter ended March 31, 2017. For the quarter, the group is not expected to report a profit for the first quarter of 2017. Based on a preliminary review of the unaudited financial results of the Group for the first quarter of 2017, this is mainly attributable to lower revenue amidst challenging market conditions of the industry and foreign exchange losses which arose mainly due to the depreciation of the USD against the SGD. Further details of the group's performance will be disclosed in the company's announcement of the Group's unaudited financial results for the first quarter of 2017.