Allied Electronics Corporation Limited provided earnings guidance for the year ended February 29, 2016. The company, a reasonable degree of certainty exists that in respect of the company's continuing operations the headline earnings per share for the financial year ended 29 February 2016 is expected to be between 116 cents - 126 cents (between 8% and 15%) lower as against the previous corresponding period of 137 cents. Basic earnings per share is expected to be between 100 cents - 110 cents (between 20% and 28%) lower as against the previous corresponding period of 138 cents.

In respect of the company's total operations (continued and discontinued) the headline earnings per share for the financial year ended 29 February 2016 is expected to be a loss of between 140 cents - 150 cents as against the previous corresponding period (a profit of 94 cents). Basic earnings per share is expected to be a loss of between 255 cents - 265 cents as against the previous corresponding period (a loss of 3 cents).