Far East Group Limited provided consolidated earnings guidance for the year ended December 31, 2015. The board of directors of the company announced that, following a preliminary review of the Group's unaudited consolidated financial results for the financial year ended December 31, 2015, the Group is expected to report a net loss for financial year 2015. The net loss was primarily due to the following slowdown in projects mainly in China which resulted in some orders of the Group being deferred or cancelled in financial year 2015; and increased labour costs and greater competition in the region that the Group operates in.