Asiaphos Limited provided earnings guidance for the second quarter ended 30 June 2018. Based on the preliminary review of the draft unaudited consolidated financial results for the Group's second quarter ended 30 June 2018, the Group is expected to report a net loss for second quarter of 2018 as compared to a net profit for the same quarter of the financial year ended 31 December 2017. The deterioration in the results was mainly due to lower revenues arising from the decrease in the quantity of P4 sold and higher cost of production of P4. The Group also recorded lower profits from the discontinued operations. Furthermore, the group has recorded an impairment loss on its property, plant and equipment and an allowance for doubtful trade receivable.