Solartech International Holdings Limited provided group earnings guidance for the year ended June 30, 2016. Based on the latest review by the board of directors of the company of the unaudited consolidated management accounts of the group, the board announced that the group is expected to record a decrease in the loss for the year ended 30 June 2016 as compared to the loss recorded for the corresponding year of 2015. Based on the relevant information currently available to the company, the board considers that the decrease in the loss was mainly attributable to the gain on change in fair value of investment properties; and the decrease in the impairment loss for doubtful debts.