FIH Mobile Limited provided earnings guidance for the third quarter of 2017. The company's board of directors announced that on the basis of a preliminary review of the Group's latest unaudited management accounts and other information currently available, the company expects the Group's turnover during the third quarter of 2017 to be around $3.67 billion (compared with turnover for the first half of 2017 of approximately $4.37 billion). However, the company expects the Group to record a consolidated net loss for the second half of 2017 significantly higher than the Group's consolidated net loss of $199,076,000 for the first half of 2017; and, accordingly for the 2017 financial year (compared with a net profit of $136,211,000 for the year ended 31 December 2016). Various factors have contributed to that, including those set out in the company's announcement dated 19 May 2017 and generally lower gross margins. With one financial quarter remaining before the end of the Group's financial year, and investment and asset impairments for the second half of 2017 to be determined, the company is unable to reasonably and meaningfully estimate the likely magnitude of the Group's consolidated net loss for the full year ending 31 December 2017.