Singamas Container Holdings Limited provided earnings guidance for the year ending December 31, 2013. For the year, the company expected to report a significant decline in profit for the year ending 31 December 2013 against a consolidated net profit of USD 60,346,000 attributable to owners of the Company for the same period in prior year. The significant decline in profit is primarily attributable to the decline in the Group's turnover due to the soft container demand and the decrease in average selling price.