China Qinfa Group Limited provided consolidated earnings guidance for the six months ended 30 June 2018. The group is expected to record a consolidated net profit attributable to owners of the company for the six months ended 30 June 2018 not less than RMB 90 million, as compared to a net profit attributable to owners of the company of approximately RMB 151 million for the six months ended 30 June 2017. The mining volume and average coal selling price of the group for the six months ended 30 June 2018 remained stable as same period last year. The expected decline in the consolidated net profit attributable to owners of the company for the six months ended 30 June 2018 was mainly attributable to the increase in depreciation of fixed assets and amortization of coal mining rights after the reversal of impairment losses in 2017.