Jinheng Automotive Safety Technology Holdings Ltd. provided consolidated earnings guidance for the six months ended June 30, 2012. For the period, the company is expected to record an unaudited consolidated loss for the six months ended 30 June 2012 as compared to a profit for the corresponding period in year 2011. The expected loss is mainly attributable to an one-off profit tax expenses in related to the disposal of 100% equity interest in Jinheng (BVI) Limited and its subsidiaries in 2010.
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