Pacific Plywood Holdings Ltd. provided group earnings guidance for the year ended December 31, 2012. For the period, the company is expected to record a net profit for the year ended December 31, 2012 as compared to a net loss of approximately HKD 144.96 million in the corresponding period in 2011. The expected increase in net profit was mainly attributable to, including but not limited to the reversal of impairment loss on loan receivables during the year; the decrease in impairment loss on loan receivables; and the changes in fair values of certain financial derivatives of the Group.