On 05/01/2013, WSP Holdings Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.

WSP Holdings Ltd. announced unaudited consolidated earnings results for the fourth quarter and twelve months ended December 31, 2012. For the quarter, the company reported loss from operations of $25.2 million in the fourth quarter of 2012, compared to loss from operations of $16.7 million in the fourth quarter of 2011 and $17.8 million in the third quarter of 2012. The company recorded an income tax benefit of $0.6 million in the fourth quarter of 2012, compared to $0.7 million in the fourth quarter of 2011 and $1.5 million in the third quarter of 2012. Net loss attributable to the company was $29.1 million in the fourth quarter of 2012, compared to net loss attributable to the company of $18.9 million in the fourth quarter of 2011. Diluted loss per share was $0.14 against $0.09 a year ago. Net revenues were $131,351,000 against $180,421,000 a year ago. Basic and diluted loss per were both $1.43 in the fourth quarter of 2012, compared to basic and diluted loss per ADS for both of $0.93 in the fourth quarter of 2011. For the year, the company reported revenues of $561.3 million, a decrease of 18.2% from revenues of $686.1 million in the full year 2011. Operating loss was $62.2 million for the full year 2012, compared to operating loss of $41.7 million for the full year 2011. Net loss attributable to WSP Holdings was $84.2 million for the full year 2012, compared to net loss attributable to WSP Holdings of $68.5 million for the full year 2011. Basic and diluted loss per ADS for both was $4.12 for the full year 2012, compared to basic and diluted loss per ADS for both of $3.35 in the full year 2011. Capital expenditures incurred for the full year ended December 31, 2012 were $39.0 million and were funded mainly through the company's operating cash flow and bank loans. Diluted loss per share was $0.41 against $0.34 a year ago.

WSP Holdings Ltd., Q4 2012 Earnings Call, Apr 25, 2013