Mei Ah Entertainment Group Ltd. provided earnings guidance for the year ended March 31, 2012. The company reported that despite an expected increase in the group's turnover which is mainly attributable to the increased film exhibition income for the year ended March 31, 2012. The company expected that the group is likely to record a significant decline in annual results for the year ended March 31, 2012 as compared to last year, which is mainly attributable to (i) the expected increase in fair value losses on financial assets at fair value through profit or loss; (ii) certain expected provisions for impairment of film rights; and (iii) the absence of gain on disposal of available-for-sale financial assets which was recognized in the last year.