Neo Telemedia Limited provided group earnings guidance for the six months ended December 31, 2011. For the period, the Group is expected to record a loss for the six months ended December 31, 2011 as compared to the profit recorded in the same period in 2010. The Board considers that such loss was mainly attributable to the amortization of intangible assets arising from the acquisitions of Ease Ray Limited and its subsidiaries and Smart Long Limited and its subsidiaries; and the supply shortage of High Temperature Superconducting (HTS) filters, which adversely affected the turnover of Smart Long Group.