Sino-Life Group Limited provided consolidated earnings guidance for the year ended December 31, 2011. For the year, the company expected that Group will continue to record a loss for the year ended December 31, 2011 as compared to a profit for the year ended December 31, 2010. The expected loss is primarily attributable to the decrease in value of financial assets designated as at fair value through profit or loss; the increase in expenses for the expansion of the group's business in China; and the promotion expenses incurred for the commencement of business operation in Hong Kong.