Guangzhou Shipyard International Co Ltd Comments On Earnings Guidance For First Nine Months Of 2012; Comments On Q3 2012 Earnings Guidance

Guangzhou Shipyard International Co Ltd announced that for first three quarters of 2012 prepared in accordance with the PRC Accounting Standards and Regulations is expected to decrease by more than 50% compared with the published net profit for the same period in 2011. The Company also expected that the Group will record a loss for the third quarter of 2012 based on the PRC Accounting Standards and Regulations.