China Petroleum Engineering Corporation announces earnings guidance for the Full Year 2017. The company announced that according to preliminary statistics of its financial department, the Company predicts that the net profit owned by shareholders of the listed company in 2017 will be about RMB 670 million, which is expected to decrease by about RMB 618 million with a decrease of about 48% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be about RMB 475 million, which is expected to increase by about RMB 907 million with an increase of about 210% compared with the same period of the year before.