TC Orient Lighting Holdings Limited provided unaudited earnings guidance for the six months ended June 30, 2018. The board of directors of the company informed the shareholders of the company that based on the preliminary review of the unaudited management accounts of the Company and its subsidiaries and information available to the company, the Group is expected to record a significant decrease in the turnover for the six months ended 30 June 2018) by over 40% as compared to the corresponding period last year; and a significant increase in the loss attributable to owners of the Company for the first half of 2018 by over 1.5 times as compared to first half of 2017. The decrease in turnover and increase in loss were due to the intensified competition in the industries of printed circuit boards, tower and electric cable, resulting in fewer customer orders and hereby severely affecting the Group's profit margins.