Arts Optical International Holdings Limited Provided earnings guidance for the year ending December 31, 2017. For the period, the Group is expected to record a substantial loss for the year ending 31st December, 2017. The Board anticipates that the group will report a substantial increase in loss for the year ending 31st December, 2017 in comparison to the adjusted loss. This is mainly attributable to: the negative impact on the profitability of the Group arising from diseconomies of scale as the Group's consolidated revenue decreased by 18% from HKD 1,141.2 million in the first eleven months of 2016 to HKD 932.9 million in the first eleven months of 2017; additional costs and expenses incurred in 2017 as the Group completed its factory relocation project during 2016 with new buildings being constructed on its factory sites in Pingdi Town of Shenzhen City, Heyuan City and Zhongshan City, which resulted in higher depreciation charges on the buildings and leasehold improvement; and the continuous increase in other operating costs in Mainland China throughout 2017 as compared with 2016.