Allied Electronics Corporation Limited provided earnings guidance for the year ending February 28, 2013. The company's basic earnings per share for the year ending February 28, 2013 are expected to be more than 100% lower as against the previous corresponding period, predominantly as a result of the impairments in the first half at Altech, as well as the aforementioned losses arising from the Altech East Africa transactions. Headline earnings per share for the year ending February 28, 2013 are expected to be more than 20% lower as against the previous corresponding period.