APT Satellite Holdings Limited provided earnings guidance for the year ended December 31, 2013. The company's net profit of the group for the year ended December 31, 2013 is still expected to record a significant increase as compared with that of the same period in year 2012 despite the reduction on the utilization rate of APSTAR 7 in the second half year of 2013. Such increase was primarily attributable to the increase in revenue arising from the commencement of APSTAR 7 Satellite in June 2012 and unrealized revaluation gain of the convertible bonds issued by CNC Holdings Limited to the company pursuant to the disclose able transaction announced by the company on September 9, 2011.