Paradise Entertainment Limited provided earnings guidance for the year ending December 31, 2012. For the period, the company expected that the Group would continue to record profit in the second half of 2012, which would result in a significant increase in profit for the year ending December 31, 2012 as compared to the corresponding period in 2011. The expected improvement in the financial results of the Group is mainly attributable to (i) the continuous strong performance in the gaming business of the Group; and (ii) the recognition of a one-off gain on a disposal of a subsidiary during the first half of 2012.