Topsearch International Holdings Ltd. provided earnings guidance for the six months ended June 30, 2012. The Group expects to record a loss for the six months ended June 30, 2012 whilst the Group's unaudited consolidated interim results for the six months ended June 30, 2011 also recorded a loss. Based on the analysis of the information currently available, the net loss has been increased significantly as compared to the corresponding period in the year of 2011. The Board believes that the expected loss was mainly attributable to: the reduced sales revenue and also the drop of sales margin due to the substantial drop in demand by some of major customers as a result of the recent financial crisis of the European Union.