China Qinfa Group Limited announced consolidated earnings guidance for the six months ended 30 June 2017. For the period, the company reported that company expected to record a consolidated net profit attributable to owners of the company not less than RMB 140 million, as compared to a net loss attributable to owners of the company of approximately RMB 443 million for the six months ended 30 June 2016. The consolidated net profit attributable to owners of the company for the six months ended 30 June 2017 was mainly attributable to the increase in sale volume and selling price of coal as compared to the corresponding period in last year, and partial recovery of asset impairment.