China Green Holdings Ltd. provided earnings guidance for the year ended April 30, 2013. The company anticipated that the Group will record a decline in profit attributable to owners of the Company for the year ended 30 April 2013 as compared with that for the year ended 30 April 2012. The decline was mainly attributable to the continual slow growth of the global economy and that in China; the increase in the raw materials and labour costs; the decrease in demand from Japan, one of key markets for the Group's fresh produce and processed products; and the uncertainty of repayment of the outstanding convertible bonds during the financial year which led to the decrease in demand for the Group's product from the distributors.