Global Bio-chem Technology Group Company Limited announced earnings guidance for the ten months ended 31 October 2018. The company announces that based on the preliminary review of the Group's unaudited consolidated management accounts currently available to the Group, the Group recorded an significant increase in net loss for the ten months ended 31 October 2018, as compared with the ten months ended 31 October 2017. Such deterioration was mainly attributable to the rising cost of corn kernels by 21.9%, the depressed prices of amino acids due to poor market sentiment in animal husbandry, the increase in sales and administrative expenses and finance cost by 33.6% and 35.3% respectively.