Unionmet (Singapore) Ltd. provided earnings guidance for the financial period ended August 31, 2012. For the period, the company expects loss, compared to a profit for the corresponding financial period ended August 31, 2011. This was mainly attributable to thin profit margins arising from the Group's trading activities and the decrease in selling prices and profit margins of the Group's products for third quarter of 2012 compared to third quarter of 2011.

The decrease in selling prices and profit margins of the Group's products was in turn due mainly to higher production costs and the pricing volatility of commodities.