Purple Group Limited provided earnings guidance for the year ended August 30, 2017. The company advised that for the year ended 31 August 2017, it anticipates a basic loss per share and headline loss per share of between 6.26 cents to 6.58 cents, compared to a basic loss per share and headline loss per share of 0.37 cents reported in the previous corresponding 12 month period. The loss for the year comprises a fair value write down in the Groups investment in Real People Investment Holdings Limited (RPIH) due to a change in circumstances in RPIH, as communicated in the company’s interim results for the 6 months ended 28 February 2017. This write down contributed 3.80 cents per share (59%) of the basic and headline loss per share for the year ended 31 August 2017. The operating results of the core businesses contributed the remainder of the loss per share of 2.62 cents per share (41%), with 1.65 cents of the loss per share being generated in the first six months and 0.97 cents loss per share in the second six months; hence an improvement of 41.66% for the second 6 months over the first 6 months of the year ended 31 August 2017. The operating losses are 100% attributable to the Group's continued investment in EasyEquities (which continues to show strong growth) as the GT247.com, GT Private Broking and Emperor Asset Management businesses, together, contributed a small profit for the year.