Gameone Holdings Limited provided group earnings guidance for the first quarter ended March 31, 2017. For the quarter, based on the preliminarily review of the unaudited management accounts and other information currently available of the group, the group is expected to record a net loss for the three months ended March 31, 2017, as compared with the net profit recorded for the corresponding period of 2016. Such anticipated loss is mainly attributable to the lower than anticipated revenue contribution from certain of the group's licensed mobile games during the period, namely Demi Gods and Semi Devils 3D and Age of Wu Shu (Mobile), which had contributed approximately HKD 9 million to the revenue for the two months ended February 29, 2016, representing approximately 48.9% of the revenue for that period; and the increase in promotion and advertising expenses for the new self/co-developed mobile game, Warlocks Z, which was launched in the first quarter of 2017.