Clarius Group Limited provided earnings guidance for the full year ending June 30, 2013. For the year, the Directors of The company expects net loss after tax in the range of $0.7 million to $0.95 million (after one off costs of $0.5 million). This compares to the $2.1 million net profit after tax (before impairment loss) in the prior year.

The one off costs and restructuring is expected to provide annualised savings of $6.0 million before tax. Of this, $3.0 million has been reinvested in the China business to take advantage of growth opportunities. The normalised operating loss after tax is expected to be in the range of $0.2 million to $0.45 million.