The board of directors of Elife Holdings Limited provided earnings guidance for the full year ended March 31, 2017. For the period, the company is expected to record an approximately 90% decrease in revenue as compared with the revenue of approximately HKD 194 million recorded for the year ended March 31, 2016. Similar level of revenue was recorded in the full year ended March 31, 2017 as compared to the first half of the year. Furthermore, the group is expected to record a net loss in the current financial year under review from a net profit in the financial year ended March 31, 2016, mainly due to the absence of a one-off extraordinary gain of approximately HKD 353 million recorded in the previous financial year related to settlement of litigations. Based on the relevant information currently available to the company, the board considers that the decrease in revenue is primarily due to a substantial decrease in the volume of commodities traded during the year ended March 31, 2017.