The board of directors of Sino Golf Holdings Ltd. informed the shareholders of the company and potential investors that the group is expected to record a loss for the year ended 31 December 2012. The group also recorded a loss result for the year ended 31 December 2011. The expected loss for the year ended 31 December 2012 was mainly attributable to the continued depression in the group's turnover during the year of 2012 as some programs with orders expected in the later part of the year did not materialize whilst shipments of certain other orders
were reduced and/or split by customers in light of a volatile business environment.