Sino Splendid Holdings Limited provided unaudited consolidated earnings outlook for the first quarter ended March 31, 2017. For the period, the company expects to record a loss as compared to a profit for the three months ended 31 March 2016. Such loss recorded was mainly attributable to (i) loss on change in fair value of held-for-trading investments of approximately HKD 40.2 million; and (ii) the significantly decrease in revenue and profitability for the travel media operations with provision of advertising services through the internet and travel magazines, event organizing services and magazine publication.