SMI Holdings Group Limited provided earnings guidance for the full year ended 31 December 2017. The Group expects to record a loss attributable to the shareholders for the year ended 31 December 2017, as compared to the profit attributable to the shareholders for the year ended 31 December 2016. The expected loss attributable to the Shareholders for the year ended 31 December 2017 is mainly attributable to: the loss recorded by SMI Culture and Travel Group Holdings Limited, for the year ended 31 December 2017 due to a reduction of its investment in film production during the year; and the substantial increase in the impairment of the goodwill of the Group in the year ended 31 December 2017.