China Flooring Holding Co. Ltd. provided earnings guidance for the year ended December 31, 2012. For the year, the Group is expected to record a substantial decrease in profit as compared to the profit for the year ended December 31, 2011. The significant decrease in profit is mainly attributable
to the continual weakened real estate market sentiment in the People's Republic of China which in turn led to a substantial decrease in the Group's turnover, as well as increasing operating costs.