SacOil Holdings Limited provided earnings guidance for the year ended February 28, 2017. The company earnings per share and headline earnings per share for the year ended 28 February 2017 are expected to be at least 20% lower relative to the prior comparative period. The basic loss per share for the year ended 28 February 2017 is expected to be between 6.31 cents and 6.64 cents, representing a decrease of between 485% and 505% from the basic earnings per share of 1.64 cents recorded for the year ended 29 February 2016. The basic headline loss per share for the year ended 28 February 2017, which excludes the impact of any re-measurements of assets or liabilities, is expected to be between 7.74 cents and 7.95 cents, representing a decrease of between 844% and 864% from the basic headline earnings per share of 1.04 cents recorded for the year ended 29 February 2016. The net asset value per share as at 28 February 2017 is expected to be between 18.23 cents and 23.85 cents, a decrease of between 15% and 35% when compared to the net asset value per share of 28.11 cents at 29 February 2016.