Celestial Asia Securities Holdings Limited provided earnings guidance for the year ended December 31, 2012. The Board announced that it is expected that the net loss attributable to the shareholders for the year ended December 31, 2012 is expected to be increased substantially, as compared to the net loss attributable to the shareholders for the corresponding year ended December 31, 2011. The Board considered that such increase was primarily attributable to the provisions for impairment on the carrying amounts of goodwill and online game development costs after taking into consideration the management's expected unsatisfactory performance and the future revenue of the two new games which had been developed over the past years
and launched in low profile in 2012.