Truly International Holdings Limited provided earnings guidance for the year ended December 31, 2016. The Company expects consolidated profit attributable to owners of the company for the year ended December 31, 2016 may decrease by around 30% as compared to the consolidated profit attributable to owners of the Company for the year ended December 31, 2015. The board believes that the expected decrease in the consolidated profit attributable to owners of the Company was due to: the share of loss from associates for the year ended December 31, 2016 by the Group has been significantly increased in amount by around HKD 300 million when compared with last year because the major associate, Truly (Huizhou) Smart Display Limited, of the Group incurred significant operating loss by its first year of production in 2016.