Byte Power Group Limited provided earnings guidance for the year 2015-2016. Based on the company's management accounts for the company and its controlled entities (Group), the group expects a reduction in revenues from ordinary activities by approximately 35% for the full 2015-2016 financial year compared to the previous corresponding period (2014-2015: $4.8 million). This was in part due to the austerity drive in China, one of it's key markets. As a result of the above and other provisions, the group expects to experience a net loss to the consolidated group in the vicinity of $550,000 for the full 2015-2016 financial year (2014-2015: $308,000 profit).