Oakwell Engineering Ltd. provided group earnings guidance for the six months ended June 30, 2012. For the period, the group expects to report a net loss due mainly to the Shipbuilding segment. The Shipbuilding segment is expected to post a net loss for the period, as a result of delays in the delivery which led to higher-than-expected costs incurred for the Group's first survey vessel project. The Distributorship and Engineering Design & Fabrication segments remained profitable in first half of 2012, despite the general market conditions continuing to be challenging.