Sino Prosper State Gold Resources Holdings Limited provided earnings outlook for the financial year ended March 31, 2013. For the period, the company expects that the group's loss may increase significantly as compared to the loss for the year ended March 31, 2012. Based on the information currently available, the Board considers that the loss is mainly attributable to (i) decrease in other income and gains as the Group recorded gain on disposal of property, plant and equipment and gain on disposal of subsidiaries in fiscal year 2012 while there was no such gain recorded in fiscal year 2013; (ii) increase in amortization of mining rights; and (iii) increase in depreciation of property, plant and equipment; and (iv) increase in staff cost.