China Mandarin Holdings Limited provided earnings guidance for the six months ended June 30, 2012. For the period, the company is expected to record a significant loss compared to a profit which was recorded in the corresponding period in 2011. The loss for the group is mainly attributable to the impairment loss due to the expected loss from the film production and release of the movie 'Floating City'; and the decrease in both revenue and contribution from film processing due to the digital technology advancement.