Xingfa Aluminium Holdings Ltd. provided earnings outlook for the year ended December 31, 2011. For the period, the Group expects to record a considerable reduction in profit as compared to that of the Group for the year ended December 31, 2010. The Board stated that such expected reduction is primarily attributable to: the drop of gross profit margin; the increase in the administrative expenses as a result of additional recruitment of staff and a rise of the pre-operating expenses for the new production plants of the Group; and the increase in the average borrowings and interest rates which led to a rise in finance costs.