Fornton Group Limited provided consolidated earnings guidance for the six months ended June 30, 2012. For the period, the company expects to record a loss as compared with a profit for the corresponding period in 2011. The loss of the group was primarily attributable to the decreases in turnover and gross profit margin of the Group as a result of the worsening of the market conditions and business environment and the severe competition of the textile industry in Europe and the USA.