Xpress Group Limited provided earnings guidance for the year ended March 31, 2012. The board of directors of the company informed that based on preliminary assessment of the management accounts of the Group and information currently available to the company, it is expected that the Group will record a loss for the year ended March 31, 2012 as compared with a profit of approximately HKD 51.3 million for the year ended March 31, 2011, which is mainly attributable to, among other things, a net fair value loss on investment properties and a net loss in the Group's realized and unrealized marketable securities.