Phoenitron Holdings Limited provided consolidated earnings guidance for the three months ended March 31, 2018. The board of directors of the company announced that, based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the three months ended March 31, 2018 which have not been audited by the auditors of the company nor reviewed by the audit committee of the Board, the Group is expected to record a net loss attributable to owners of the company of approximately HKD 8.4 million for the current period as compared to a net loss attributable to owners of the company of about HKD 2.4 million for the corresponding period in 2017. The board believes that the increased loss is mainly attributable to the combined effects of an one-off share-based payments expense with a fair value of about HKD 3.3 million was recognised to accounts for the share options granted to the Directors and certain employees of the Group during the Current Period; the reduction of profit for the overseas SIM card segment year-on-year basis by about HKD 2.9 million (it's expected that the performance of this segment will pick up again since April 2018); and the reduced losses for other business segments for a total of about HKD 0.2 million.