Low December-quarter sales and asset write-downs have led semi-fabricated aluminium products maker Capral to revise its October 21 earnings guidance downwards. The aluminium products maker is yet to finalise its figure from the second half of 2008, however it expects to book an earnings before interest, tax, depreciation and amortisation loss of between $7 million and $10 million, compared with its previous guidance of between $3 million and $5 million. Capral is due to report its interim results on February 20. Like all base metals, the price of aluminium has been decimated over the second half of 2008, falling by more than 50 per cent since last August. The thinly traded small cap fell 80 per cent in 2008. This led to a loss for its majority shareholder investment holdings company Guinness Peat Group. In October the company finalised a $29 million capital raising to pay an $8 million short-term loan to GE Commercial and fund working capital. At the time chairman Phil Arnall said that Capral was committed to returning to profitability despite five years of significant losses. Capral has staged a 31 per cent rally since December 19.