BaWang International (Group) Holding Limited provided earnings guidance for the six months ended June 30, 2017. For the six months, the company expected record a much lower net operating profit as compared to RMB 21.2 million for the same period last year. The decrease in net operating profit for the six months ended 30 June 2017 is primarily attributable to a decrease in the revenue of the continuing operations of group by approximately 20.6% and also by the increase in the cost of raw materials.