Manufacturing Integration Technology Ltd. announced that based on a preliminary assessment of the Group's half year performance, the Board would like to advise that the Group is expected to incur a net loss for the half-year ended 30 June 2018. This net loss was attributed to lower semiconductor sales after a banner year in 2017. Contract equipment manufacturing ("CEM") sales were higher but the growth could not make up for the slack in semiconductor sales. The company expects revenues for second half of 2018 to be higher as more equipments are shipped and revenues recognized. The financial performance will be further enhanced if the on-going divestment of the semiconductor equipment business is completed.