Amax International Holdings Limited announced consolidated earnings results for the full year ended March 31, 2017. For the year, the company reported revenue of HKD 11.401 million compared to HKD 10.486 million a year ago. Loss before income taxes was HKD 988.520 million compared to HKD 48.967 million a year ago. Net loss attributable to the shareholders was HKD 983.869 million or HKD 195.78 per basic and diluted share compared to HKD 43.136 million or HKD 11.65 per basic and diluted share a year ago. The increase in loss was mainly due to recognition of impairment losses which are non-cash in nature and do not have any impact on the cash flow of the group.