Starland Holdings Limited provided earnings guidance for the six month period ended December 31, 2016. Based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the six-month financial period ended 31 December 2016 currently available to the Board, the Group is expected to report a net loss for the first half of 2017. The net loss is mainly attributable to professional expenses incurred for the ayondo acquisition. The Company has announced on 20 June 2016 that it has entered into a conditional sale and purchase agreement with the holders of equity interest in ayondo Holding AG to acquire their equity interest in ayondo.