HM International Holdings Limited provided earnings guidance for the three months ended March 31, 2017. For the three months, the company expected to record a net loss as compared to the net profit recorded for the corresponding period in 2016. Such loss recorded for the Relevant Period was mainly attributable to (i) the non-recurring listing expenses in connection with the listing of the company in January 2017; and (ii) the decrease in turnover as compared to the corresponding period in 2016.