China Great Land Holdings Ltd. announced unaudited group earnings results for the year ended December 31, 2012. For the period, the company reported revenue of CNY 70,289,000 against CNY 128,372,000 a year ago. Loss before tax was CNY 123,982,000 against CNY 65,997,000 a year ago. Loss for the year attributable to equity holders of the parent was CNY 122,254,000 or CNY 0.719 per share against CNY 65,441,000 or CNY 0.385 per share a year ago. Net cash flows generated from operating activities was CNY 14,189,000 against net cash used in operations of CNY 19,250,000 a year ago. Purchase of property, plant and equipment was CNY 1,313,000 against CNY 6,962,000 a year ago. The decrease in revenue was mainly due to slowdown and intense competition in the company's industry as a result of cooling measures introduced by the Government. Operating income decreased from CNY 5.1 million in the fiscal 2011 to CNY 1.1 million in fiscal 2012. This was due to nil reversal allowance for bad debts in fiscal 2012 as compared to CNY 5.1 million being reversed in the fiscal 2011.

China Great Land Holdings Ltd. announced that they will report fiscal year 2012 results on May 01, 2013

China Great Land Holdings Ltd. decided to cease production at two of its subsidiaries, Sanya Pearl River Pile Co. and Hainan Huadi Building Material Co, with immediate effect. This is in view of the continuing financial losses of the subsidiaries and the slowdown in the construction sector in Sanya.