China Smarter Energy Group Holdings Limited provided earnings guidance for the year ended 31 March 2017. For the year, the company expected to record a loss of approximately HKD 352 million for both continued and discontinued operations as compared to the loss of approximately HKD 320 million recorded for the year before. The loss is mainly attributable to a) a realised loss on investments in listed financial assets at fair value through profit and loss of approximately HKD 82 million as announced by the company on 21 February 2017 and an unrealised loss on investments in listed financial assets at fair value through profit and loss of approximately HKD 149 million for the year ended 31 March 2017 as announced by the Company on 3 April 2017; b) finance cost attributable to convertible bonds and loans of approximately HKD 143 million; c) administrative and operating expenses of approximately HKD 184 million, mainly attributable to amortization of intangible assets of approximately HKD 34 million and depreciation of approximately HKD 61 million. Such losses are partly offset by an exchange gain of approximately HKD 107 million.