Southern Cross Electrical Engineering provided earnings guidance for the first half, second half and full year of 2016. The company announced that it has tumbled after the company disappointed investors with expectations of a first half net loss after tax of $2 million. The company attributed the lower forecast to a slower than expected ramp-up of work. The expected loss compared with a $3.8 million profit posted in the previous corresponding period. The company expected a better second half, providing 2016 full-year underlying profit guidance in a range of $4-$5 million.