Allied Electronics Corporation Limited provided earnings guidance for the year 2017. For the year, the company expected basic earnings per share to be a loss of no more than 60 cents per share as against the previous financial year's loss of 259 cents on a total earnings basis (at least 77% better than the prior year), though this is based on a preliminary assessment of various impairment reviews which will only be finalized during the year-end process. Headline earnings per share for the financial year ended February 28, 2017 are expected to be a profit of no less than 50 cents per share on a total operations basis as against the previous financial year's loss of 145 cents.