King Stone Energy Group Limited provided earnings guidance for the year ended December 2012. The board of directors of the company informed the shareholders and potential investors of the company that based on preliminary review of the unaudited management accounts of the Group, it is expected the Group will record a loss for the year ended 31 December 2012 as compared to a profit recorded in the year of 2011 as a result of reduction in revenue due to decreases in both the coal output and the average selling price of coal and impairment losses made on certain assets, including but not limited to, property, plant and equipment, mining rights and other receivables, during the year ended 31 December 2012.