Wai Kee Holdings Ltd. provided earnings guidance for the six months ended June 30, 2012. For the period, based on the company's preliminary review of the unaudited consolidated management accounts of the Group, it estimates that the group's estimated results is likely to show a considerably decline as compared with that for the six months ended June 30, 2011. The estimated considerably decline in the group's estimated results in the current period is mainly due to an one-off profit from quarrying business recognised in profit or loss in the last period upon agreement with the local government of Wanshan in the PRC for settlement of the outstanding amount of the advances, the cost of construction work and interest from Wanshan Government by cash instead of the waiver of royalty fees arising from the sale of quarry products from a quarry of the Group.