CITIC Resources Holdings Limited provided earnings guidance for the six months ending June 30, 2018. The company announced that based on a preliminary assessment of the latest management accounts of the Group, the Company is expecting to record a significant increase in the unaudited consolidated profit attributable to Shareholders for the six months ended 30 June 2018 as compared to the corresponding period in 2017. The expected increase in the unaudited consolidated profit attributable to Shareholders for the Period is primarily attributable to the following factors: (1) an improvement in operating results of the oil business of the Group, including the Karazhanbas oilfield in Kazakhstan, as compared to the Corresponding Period. Attributable to a relatively higher average crude oil realized price during the Period and stringent ongoing cost control, there has been a better financial performance from the oil business of the Group as a whole; and (2) a better contribution from the Group's aluminium smelting segment attributable to a higher average selling price and sales volume of aluminium as a result of the restoration of production at the Portland Aluminium Smelter to pre-outage capacity in Fourth Quarter 2017.