Truly International Holdings Limited provides consolidated earnings forecast for the three months ended March 31, 2018. The company expected that the consolidated profit attributable to owners of the company for the three months ended 31 March 2018 would be significantly decreased by approximately 80% as compared to the consolidated profit attributable to owners of the company for the three months ended 31 March 2017 approximately HKD 62 million. The Board believes that the expected decrease in the consolidated profit attributable to owners of the company for the three months ended 31 March 2018 was primarily attributable to, revenue of the Group for the 3 months ended 31 March 2018 has been decreased by approximately 26.3% (approximately HKD 1.46 billion) when compared to same period in 2017, it was mainly because the smartphone shipment volume in China has been dropped in the first quarter of 2018 when compared to the first quarter of 2017; thus, both the Group's consolidated gross profit amount and profit amount attributable to owners of the company for the three months ended 31 March 2018 have been dropped accordingly; and net loss on fair value changes of derivative financial instruments included in other gains and losses ­ the Group has recorded approximately HKD 40 million net loss on fair value changes of derivative financial instruments mainly for hedging Renminbi currency depreciation for the 3 months ended 31 March 2018 (first quarter 2017: net gain approximately HKD 48 million).