China Fibretech Ltd. provided earnings guidance for the second quarter and first half of 2016. The unaudited financial results of the Group for the second quarter of 2016 and for the first half of 2016, are expected to report a small loss before taxation as compared to profit before taxation for the second quarter ended 30 June 2015 and first half year ended 30 June 2015 respectively. The loss was mainly due to the decrease in demand for the Group's fabric processing services by customers.