Solomon Systech (International) Limited provided consolidated earnings guidance for the year ended December 31, 2017. The Group is expected to record an increase in loss attributable to the equity holders of the company by more than 50% for the year ended 31 December 2017, compared with a loss attributable to the equity holders of the company of USD 6.9 million for the year ended 31 December 2016. Notwithstanding an increase in total unit shipments and sales in (a) the second half of 2017 compared with the first half of the year; and (b) 2017 compared with 2016, the expected increase in loss attributable to the equity holders of the Company for the year ended 31 December 2017 was mainly attributable to the following: (1) one-off write-off of obsolete inventories in view of latest technological development and change in market demand; (2) increase in the Group's investment cost and the related amortization expenses for product design, development and engineering for the development of an array of new products, although some of which have been launched in the market and resulted in increase in sales in the year ended 31 December 2017; and (3) decrease in gross profit margin mainly due to a change in the product mix.