Evershine Group Holdings Limited provided preliminary group earnings guidance for the year ended December 31, 2017. For the year, the Group is expected to record a loss attributable to the shareholders of the company for the year ended December 31, 2017 close to the loss of approximately HKD 65 million for the year ended December 31, 2016. Based on information currently available to the Board, the expected loss for the current year was mainly attributable to the net effect of an increase in finance costs of approximately HKD 15 million as compared to prior year due to the interest expenses incurred from the placing of convertible notes on 23 March 2017; an estimated loss of approximately HKD 6 million on fair value change of derivative asset ­ put option in relation to the acquisition of 40% issued share capital of First Surplus Investment Limited completed on 17 March 2017; and the absence of the impairment loss on goodwill and intangible assets of HKD 11 million and HKD 14 million respectively.