Directel Holdings Limited provided earnings guidance results for the year ended December 31, 2017. For the year, the company anticipated that the Group would record a loss for the year ended December 31, 2017 as compared with a gain of the Group for the corresponding period in 2016. Excluding the effect of the reversal of impairment loss in respect of trade receivables amounting to approximately HKD 25,934,000 for the year ended December 31, 2016, the loss of the Group recorded for the year ended December 31, 2017 was substantially less than the loss of the Group recorded for the corresponding period in 2016 which was primarily attribute to an increase in revenue and profit generated from the entering into of the guaranteed contracts with existing customers and distributors in the fourth quarter of 2017; the gross profit margin for the year ended December 31, 2017 has improved as compared to that of the corresponding period in 2016; and the anticipated foreign exchange gain for the year ended December 31, 2017 as compared to a foreign exchange loss amounted to approximately HKD 4,590,000 for the corresponding period in 2016.