Chuang's Consortium International Limited provided consolidated earnings guidance for the six months ended September 30, 2012. The board announced that the group is expected to record a significant decrease in profit for the six months ended September 30, 2012 as compared to that of the last corresponding period. Based on an analysis of the current information available, the expected decrease in profit of the group for the six months ended September 30, 2012 is principally attributable to the absence of the profit generated from the disposal of the property development project in Xingsha, the People's Republic of China recorded in the last corresponding period, the decrease in revaluation surplus arising from fair value change of investment properties of the Group, and the absence of an one-off non-recurring net income recorded in the last corresponding period relating to the negative goodwill arising from the acquisition of Midas International Holdings Limited as a subsidiary of the group after netting off the loss on deemed disposal of Midas as an associated company of the group.