The board of directors of the CIFI Holdings (Group) Co. Ltd. provided unaudited consolidated earnings guidance for the six months ended 30 June 2018. For the period, the company expected to record a substantial increase of not less than 50% in the core net profit as compared to the same period of 2017. The increase was primarily attributable to the increase in the group's recognized revenues and share of result of joint ventures and associates in respect of the group's core property development business, as well as maintenance of the core net profit margin during the 2018 Interim Period.