Tack Fiori International Group Limited provides group earnings guidance for the first half ended September 30, 2012, the unaudited consolidated interim result of the Group is expected to reflect a significant decrease in profit or may even incur a loss as compared to that of the corresponding period ended 30 September 2011. This decrease is primarily attributable to (i) the exclusion of gain on debt restructuring and deconsolidation of subsidiaries recorded in previous correspondence period ended 30 September 2011; and (ii) reduction in the recorded sales of the Group's apparel retail business in PRC as a result of downturn in the retail market of PRC and delayed schedule of the new outlets opening.
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- Tack Fiori International Group Limited Provides Group Earnings Guidance for the First Half Ended September 30, 2012