Blis Technologies has reported that it now does not expect to meet its previous guidance of net profit before tax in excess of $700,000. The company does expect to record a maiden profit for the year to 31 March 2017. Forecast total trading revenue has reduced significantly in the months of February and March. The reduction is due to changes in buying patterns by three major customers to reduce their product inventory compared with what had been forecast. For two cases, this is a result of change of ownership. It is important to note that the changes do not reflect any change in underlying customer demand but instead reflect changes in timing of purchases by these customers. The company now expects trading revenue to be around $6.5 million for the year to 31 March 2017.