China Properties Investment Holdings Limited provided earnings guidance for the year ended March 31, 2012. For the period, the company expects the audited consolidated net loss of the group to show a significant increase as compared to the audited consolidated net loss of the group for the corresponding period in 2011. Based on the information currently available to the company, the board believes that the expected increase in net loss was mainly attributable to the change in fair value of the mines located in the Inner Mongolia of the People's Republic of China and the investment properties of the group.