China Display Optoelectronics Technology Holdings Limited provides earnings guidance for the six months ended 30 June 2018. The Group is expected to record a net loss attributable to owners of the parent for the reporting period, compared to a net profit attributable to owners of the parent recorded for the corresponding period last year, mainly due to: a decrease in sales of LCD modules products owing to the continued weak global demand for smartphones; and a decrease in gross profit margin, mainly due to: an increase in the cost of raw materials; and an increase in labour costs as a result of rise in workers' wages in the People's Republic of China and reduced order visibility.