Sino Golf Holdings Ltd. provided group earnings guidance for the year ended December 31, 2011. The group is expected to record a loss for the year ended December 31, 2011 as compared to a profit for the year ended December 31, 2010. The expected loss was mainly attributable to the substantial decrease in the Group's turnover during 2011 as a result of the decline in customers' orders under a volatile economy and the rescheduling of new products delivery by a major customer from the current year to the ensuing financial year. The Board is of the view that the financial position of the Group remains solid.