Sino Prosper (Group) Holdings Limited provided earnings guidance for the year ended 31 March 2017. For the year, the group's loss may increase significantly as compared to the loss for the year ended 31 March 2016. Based on the information currently available, the Board considers that the increase in the group's loss is mainly attributable to the impairment loss expected to be recognized for the fiscal year 2017 in respect of the group's exploration and evaluation assets; and the impairment loss of goodwill with respect to the group's loan financing activities. Based on the information currently available, it is estimated that the impairment loss with respect to the group's exploration and evaluation assets will amount to approximately HKD 395 million and the impairment loss of goodwill with respect to the group's loan financing activities will amount to approximately HKD 338 million. The Board to point out that the expected impairment losses are of non-cash nature.