Modern Education Group Limited provided earnings guidance for the six months ended December 31, 2011. The board of directors of the company said that based on the preliminary review of the unaudited management accounts of the Group for the six months ended December 31, 2011, the company is expected to record a substantial increase in the unaudited profit after taxation for the six months ended December 31, 2011 as compared to that for the six months ended December 31, 2010. The expected profit increase was primarily due to the recovery in revenue derived from the Group's secondary tutoring services and the recognition of revenue derived from the Group's new service streams which had not commenced operation in the corresponding period in 2010, such as primary tutoring services, overseas studies consultation services and bridging courses services.