Great Group Holdings Limited provided earnings guidance for the fourth quarter and full year ended December 31, 2012. The Group expects to report a loss for fourth quarter 2012 and the full year of 2012. The expected loss is largely attributable to: lower revenues and gross margin resulting from weaker demand in Europe; and impairment of the Group's fixed assets as at 31 December 2012.

The impairment charge is a non-cash item and will not have an impact on the Group's cash position and cash flows.