Solartech International Holdings Limited provided consolidated earnings guidance for the six months ended December 31, 2016. For the period, the company expected to record an increase in the loss for the six months ended December 31, 2016 as compared to the loss recorded for the corresponding period in 2015. Based on the relevant information currently available to the company, the board considers that the increase in the loss was mainly attributable to the decrease in gross profit which was the result of the decrease in turnover; the imputed interest on promissory notes; and the equity-settled share-based payments expense.