Far East Holdings International Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of HKD 17,052,000 compared to HKD 21,635,000 a year ago. Loss before tax was HKD 20,325,000 compared to HKD 5,819,000 a year ago. Loss from continuing operations was HKD 20,325,000 or 5.57 per basic and diluted share compared to HKD 5,871,000 or 1.67 per basic and diluted share a year ago a year ago. Loss attributable to owners of the company was HKD 18,981,000 or 5.57 per basic and diluted share compared to profit for the year attributable to the owners of the company was HKD 2,489,000 or 0.73 per basic and diluted share a year ago.

Far East Holdings International Limited provided earnings guidance for the year ended December 31, 2012. The group is expected to record a significant loss and a substantial total comprehensive expenses for the year ended 31 December 2012. The expected loss and the total comprehensive expenses were mainly attributable to (i) a significant decrease in sales of Jiangsu Bang Bang Silky Fashion Manufacturer Company Limited, a subsidiary of the Company; and (ii) the fair value loss and impairment loss arising from the available-for-sale investments of the Group.

Far East Holdings International Limited announced that they will report fiscal year 2012 results on Mar 28, 2013