8I Holdings Limited provided earnings guidance for the year 2017. For the year, the company expects net profit to be in the range of the SGD 11.5 million to SGD 13.0 million compared to SGD 17.6 million in 2016. Revenue to be in range of SGD 29.0 million to SGD 30.0 million compared to SGD 20.6 million in 2016. It is expected there will be a reduction of approximately 26% to 35% in net profit as compared fiscal year 2016. The expected reduction in net profit is mainly attributable to the reduction in other gains, which is the absence of the one-off gain on initial recognition at its fair value from former associated company to available-for-sale as compared to fiscal year 2016, and one-off costs for a corporate transaction that did not proceed.