Starlite Holdings Limited provided earnings guidance for the six months ended September 30, 2018. For the six months, the company expected to record a loss for the six months ended 30th September, 2018 as compared to a profit recorded for the previous corresponding financial period. Such expected loss is mainly attributable to the following factors: Reduction in the quantity and pricing of orders by major customers amidst more intensified competition in the printing and packaging industry, the adverse effect of the trade war between the United States and the People's Republic of China (the "PRC"), and the Group's strategic move to reduce exposure to the industries with unfavourable pricing. The rising price of paper and the increase in labor costs in the PRC which could not be fully passed on to customers; and The slower than expected recovery of the operational efficiency of the Group's eastern China operation, which resulted in a higher loss incurred by the eastern China operation.