Andulela Investment Holdings Limited provided headline earnings guidance for the year ended 31 December 2016. The company expects that its headline loss and diluted headline loss for the year ended 31 December 2016 will be between 3.62 cents per share and 4.34 cents per share, being an improvement of between 79% and 75% as compared to its headline loss and diluted headline loss of 17.63 cents per share for the year ended 31 December 2015. The loss per share and diluted loss per share for the year ended 31 December 2016 will be between 60 cents per share and 64.5 cents per share, as a result of the impairment of goodwill in the current year. This represents an increase of between 147% and 166% as compared to the loss and diluted loss of 24.28 cents per share for the year ended 31 December 2015.