Yunbo Digital Synergy Group Limited based on unaudited consolidated management accounts provided earnings guidance for first quarter ended June 30, 2016. For the period the company expects a loss of not less than HKD 9,500,000 as compared to the loss of approximately HKD 1,889,000 for the corresponding period in 2015. The increase in loss is mainly attributable to a decrease in revenue and gross profit due to the market being overcrowded with an overwhelming number of Ethernet-Passive Optical Network equipment and Gigabit-Passive Optical Network equipment suppliers which had greatly increased the level of competition.