Bossini International Holdings Limited expected group earnings guidance for the six months ended December 31, 2012. For the period, the Group is expected to record a substantial decrease in profit as compared to the six months ended 31 December 2011 mainly due to the decrease in operating profit in export franchising business, widened losses incurred from the Taiwan operation and rental increment of major shops in Hong Kong. The Group maintained a healthy financial position as at December 31, 2012, with net cash being positive and inventory turnover days significantly lower than that of the same period last year.