FDG Electric Vehicles Limited revised group earnings guidance for the year ended March 31, 2018. The board of directors of the company announced that based on its preliminary review of the latest unaudited financial information of the Group for the Current Year and the additional information currently available to the Board, the Group is expected to record an increase in its loss attributable to the Shareholders for the Current Year of approximately 3 to 4 times of the loss attributable to the Shareholders of the corresponding year ended 31 March 2017. In previous forest the company expects the profit warning of the Group for the year ended 31 March 2018 is expected to record an increase of over 130% in its loss attributable to the shareholders of the Company for the Current Year as compared with the corresponding year ended 31 March 2017. The further increase in the expected loss for the current year was mainly attributable to the one-off non-cash impairment losses on goodwill of FDG Kinetic Limited; potential provision for doubtful debts of some trade receivables; and potential impairment in the battery segment.