SinoMedia Holding Limited reported earnings guidance for the six months ended 30 June 2017. For the period, the Group is expected to record a net profit in the range of RMB 6 million to RMB 10 million for the six months ended 30 June 2017 as compared to the net loss of approximately RMB 56 million recorded for the corresponding period in 2016. Based on information currently available, the expected turnaround from loss to profit for the six months ended 30 June 2017 is mainly due to (i) increased investment in market development and optimizing in marketing strategies; and (ii) improvement in operational efficiency by adjusting the less efficient business of the Group.