Foxconn International Holdings Limited provided consolidated earnings guidance for the second half and full year ended December 31, 2012. For the second half of 2012, the consolidated net los is expected to be smaller than the magnitude of the Group's consolidated net los for the first half of 2012, mainly due to the Group's continuous effort in enhancing its operation efficiency, cost rationalisation and resources optimisation and the Group's asset disposal (the details of which were disclosed in the Company's announcement dated October 3, 2012).

The board of directors of the company announced the shareholders of the company and potential investors that, based on a preliminary review of the unaudited management accounts of the Group for the year ended December 31, 2012 in line with the loss trend recorded for the interim period ended June 30, 2012, the Group is expected to record a consolidated net los attributable to owners of the company. This is contrasted with the USD 72.8 million consolidated net profit attributable to owners of the company recorded for the year ended 31 December 2011. The company understands that the expected consolidated net los of the Group for the full year of 2012 is primarily attributable to lower demands from some of the Group's major customers thus resulting in lower sales of the Group's products, decline in the Group's gross profit margins principally as a result of unfavorable pricing changes and increase in costs, as well as impairment on some of the Group's assets.