Asia Energy Logistics Group Limited provided earnings guidance for the six months ended June 30, 2012. For the period, the company expected to record a loss whilst the Group also recorded a loss in the corresponding period in 2011. Based on the information currently available, the Board believes that the expected loss in the interim results of the Group was primarily attributable to effect of the following factors: changes in fair value of trading securities and contingent consideration shares payable; share of loss of jointly controlled entity; the provision for impairment of loan to an associate; and share option expenses, which are non-cash in nature and will not have any immediate impact on the cash flows of the Group.