Ares Asia Limited provided earnings guidance for the six months ended September 30, 2013. The group is expected to record a substantial increase in the loss for the six months ended September 30, 2013 as compared to the results for the six months ended September 30, 2012. The increase in the loss was mainly attributable to the impairment loss recognised on an exchangeable bond subscribed by the group in relation to certain coal concessions in Indonesia.