Media Asia Group Holdings Limited provided earnings guidance for the year ending 31 July 2017. The company anticipated that the Group will suffer a material loss in the three months ending 31 July 2017. Such loss is likely to exceed the consolidated profit for the nine months ended 30 April 2017 reported by the Company in the results announcement dated 12 June 2017 and result in a consolidated loss for the year ending 31 July 2017. The anticipated loss for the three months ending 31 July 2017 is primarily attributable to unsatisfactory performance of the Group's films recently released.