China Great Land Holdings Ltd. provided earnings guidance for the financial year ended December 31, 2012. For the year, the company expects significant loss for fiscal year 2012 as a result of, significant slow down and intense competition in the Hainan construction market for fiscal year 2012, leading to low margins for the Group's construction contracts; persistently high costs of production, attributed mainly to high raw material prices and increasing direct labor costs; and high costs of financing.