The Board of Directors of the Birmingham Sports Holdings Limited provided earnings guidance for the six months ended 31 December 2017. For the period, the Group is expected to record a substantial increase in loss as compared to the corresponding period in 2016. The increase in loss was mainly due to the increase in operating costs which largely attributed to the higher spending on players' registration and staff costs as a result of the change of the club manager and signing in of a number of new players during the season with an aim to strengthen the competitiveness of the football club.