China Financial International Investments Limited provided earnings guidance for the year ended June 30, 2012. For the period, the company expected that the annual results of the group for the year may record a relatively significant loss in comparison with the profit recorded for the year ended 30 June 2011. The Board is of the opinion that such loss was primarily attributable to realized losses on disposal of financial assets at fair value; unrealized losses on financial assets at fair value through profit or loss; and the increase in general and administrative expenses resulting from the strategic increase in investment in service financing industry.