Fortune Sun (china) Holdings Ltd. provided consolidated earnings guidance for the six months ended June 30, 2013. The company expects to record a loss attributable to owners of the company for the six months ended June 30, 2013, compared to a profit attributable to owners of the company for the corresponding period of 2012. The decline was mainly attributable to (i) the group's other income during the six months ended June 30, 2012 arising from reversal of impairment losses made in prior years against certain trade receivables, trade deposits and other receivables as a result of recovery of several bad debts which was not repeated in the six months ended June 30, 2013; (ii) the increase in the group's cost of services rendered
for the six months ended June 30, 2013 as compared with the corresponding period in 2012; and (iii) the decline in the average commission rate for property sales agency services rendered by the group for the primary residential and commercial property market in the People's Republic of China which affected the group's revenue.