Fairson Holdings Limited provided earnings guidance for the first quarter ended June 30, 2012. For the quarter, the company expects to record a net loss as compared to a net profit for the three months ended 30 June 2011. The net loss was mainly attributable to: the decrease in gross profit margin as a result of increasing market competition under the global economic downturn; and the operating loss from the manufacturing and sale of copper wires which are yet to achieve economies of scale.