Hanwell Holdings Limited provided earnings guidance for the second quarter ended 30 June 2012. The group expects to report a loss for the second quarter ended 30 June 2012 compared with a profit for the corresponding period in 2011, largely due to, amongst other things, the recognition of impairment loss on an associate as a result of writing down its carrying value to the offer price under a proposed sale transaction, allowance for stock obsolescence, and allowance for doubtful debts.