Carry Wealth Holdings Ltd. provided group earnings guidance for the year ending December 31, 2012. For the year, the company expects that the Group to record a loss for the year compared to a loss for the year 2011. The expected loss is mainly attributable to a substantial drop in turnover and selling price due to weaker demand resulted from the sluggish US economy and the unfavourable economic climate in Mainland China; and a possible impairment provision to be made on the fixed assets for the Group's factory located at Heshan, Mainland China.