Silverman Holdings Limited provided earnings guidance for the year ended December 31, 2012. Group expected that there would be a significant deterioration in the operating results of the Group for the year ended December 31, 2012 as compared to that of 2011. Groups profit for the year ended December 31, 2012 is expected to decrease significantly due to (i) the decrease of average selling price of the Groups textile products as a result of the decline in international and domestic economy in 2012 and (ii) the continuous increase of the production costs.