Far East Global Group Limited provided earnings guidance for the first half of the year ended June 30, 2012. For the period, the group is likely to record a loss for the first half of the year ended 30 June 2012 as compared to a profit for the first half of the year ended 30 June 2011. The Board considers that the expected loss was mainly attributable to impairment of receivables, the one-off restructuring costs for the PRC factory, impairment of goodwill and provision for project cost. The Board considers that the expected loss will not have any impact on the cash flow of the company.