Fornton Group Limited provided consolidated earnings guidance for the six months ended June 30, 2013. The board of directors of the company informed the shareholders of the company and the potential investors that, based on the unaudited consolidated management accounts of the group for the six months ended 30 June 2013 the group is expected to record an increase in loss for the six months ended 30 June 2013, as compared with the loss for the six months ended 30 June 2012. The increase in loss of the group for the six months ended 30 June 2013 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 United States of America.