Sinoref Holdings Limited Provides Group Earnings Guidance for the Six Months Ending June 30, 2013
the six months ended June 30, 2012. The sustained deterioration of the global market condition, overcapacity and the volatility of iron ore prices have brought enormous pressure and challenges for the production and operations of steel manufacturers. The group's business operations inevitably have also been impacted. As a result, the group's revenue and financial performance are adversely affected.