Phoenitron Holdings Limited provided consolidated earning guidance for the six months ended June 30, 2017. The board of directors of Phoenitron Holdings Limited informed the shareholders of the company and potential investors that, based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 which have not been audited by the auditors of the company nor reviewed by the audit committee of the Board, the Group is expected to record a net loss attributable to owners of the company of approximately HKD 5.7 million for the current Period as compared to a net profit attributable to owners of the company of about HKD 4.3 million for the corresponding period in 2016. Based on the information available to the company immediately preceding the publication of this announcement, the Board believes that such expected loss is mainly attributable to the combined effects of both the interest income and financial and management consultancy service fee income were no longer being accrued for and chargeable to Hota Group since the latter half of 2016; the reduction of segment profit by about HKD 0.9 million and HKD 1.0 million respectively for the overseas SIM card segment and the sales of petro- chemical products segment due to the reduced revenue on year-on-year basis; but the above was partly offset by the reduction of exchange loss by about HKD 1.1 million for the Current Period as compared to the corresponding period in 2016, which is, to a large extent, attributable to an exchange loss on the translation of the carrying balance of amount due from a joint venture of about HKD 1.8 million was recorded for the six months ended 30 June 2016 but no such exchange gain or loss was incurred during the Current Period as the outstanding amount has been fully impaired in 2016; the positive effect from the disposal of the loss- making module packaging and testing service business by end of 2016; the closure of the Beijing SIM card plant in 2016 also helps to reduce the loss of SIM card segment during the Current Period by about HKD 2.8 million; the reduction of corporate expenses year-on-year basis by about HKD 0.9 million.