8I Holdings Limited provided earnings guidance for the six months of 2018. For the period, the company identified that the net profit for half year 2018 is expected to be in the range of SGD 2 million to SGD 4 million (Half Year 2017: SGD 15.9 million), on expected revenue of approximately SGD 13 million to SGD 15 million (Half Year 2017: SGD 21.0 million). It is expected there will be a reduction of approximately 75% to 87% in net profit as compared to Half Year 2017. The expected reduction in net profit is mainly attributable to the reduction in revenue, which is the absence of the one-off gain of SGD 10.4 million from sale of a subsidiary's shares in Half Year 2017 as compared to Half Year 2018.