Wai Chun Mining Industry Group Company Limited Comments On H1 2011 Earnings Guidance

Wai Chun Mining Industry Group Company Limited announced that the unaudited consolidated results of the Company and its subsidiaries (Group) for the first half of 2011, is expected to record a loss as compared to the profit recorded for the first half of 2010. The expected loss of the Group was mainly attributable to the increase in the selling expenses of the Group and the absence of the gain on disposal of subsidiaries of the Group recorded in the last corresponding period.