Honbridge Holdings Limited provided earnings guidance for the period ended March 31, 2013. The group is expected To record a significant profit for the period ended 31 March 2013 as compared to a loss recorded for the period ended 31 March 2012. The significant profit was mainly attributable to the bargain purchase gain arise from the acquisition of 99.99% interest in Brazil iron ore company Sul Americana de Metais S.A. during the period ended 31 March 2013.