North Asia Resources Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2013. The board of directors of the company informed the shareholders of the company and potential investors that, based on the preliminary review on the unaudited consolidated management accounts of the group for the eleven months ended November 30, 2013 and the information currently available to the board, the group expects to record a significant increase in loss for the year ended December 31, 2013 as compared with that reported for the corresponding year ended December 31, 2012. The increase in loss during the year under review was mainly attributable to the impairment loss recognized in respect of goodwill and increase in finance costs.
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