Allied Electronics Corporation Limited provided earnings guidance for the financial year ended February 29, 2016. For the year, the company's basic earnings per share is expected to be a loss of more than 170 cents as against the previous financial year's loss of 3 cents on a total earnings basis, though various impairment reviews will only be concluded during the year end process. Headline earnings per share for the financial year ended 29 February 2016 are expected to be a loss of more than 90 cents (197% down) as against the previous financial year's profit of 93 cents.