Playmates Toys Ltd. provided earnings guidance for the year ended December 31, 2011. The turnover of the Group for the year ended December 31, 2011 is expected to reflect a similar percentage of decrease as reported for the first six months of the year and the Group is expected to record a loss for the year ended December 31, 2011 similar to the amount of loss reported for the year ended December 31, 2010. During 2011 the Group completed the realignment of its product portfolio and focused on rebuilding the business by selective investments in quality opportunities reflecting its core competence. New product launches beginning in the second half of 2012 are expected to make noticeable positive impacts on the performance of the Group.