Next Media Limited provided earnings guidance for the second half of the year 2012. For the period, based on the company's preliminary review of the consolidated management accounts of the group, which have not yet been audited by the company's independent auditor, the group is expected to record a further loss from continuing operations (on a consolidated basis) which would result in a loss for the year ending March 31, 2012 whilst the group's audited consolidated final results for the year ended March 31, 2011 also recorded a loss.