Dongguang Chemical Limited provided unaudited consolidated earnings guidance for the ended 31 December 2017. Based on the preliminary review made by the Board on the draft unaudited consolidated management accounts of the Group for the year ended 31 December 2017 and other information currently available to the Board, the Group is expected to record a significant increase in net profit for the year ended 31 December 2017 as compared to the year ended 31 December 2016. The increase was due to a recovery in the average selling prices of urea, methanol and other by- products in 2017. The increase in average selling prices of urea, methanol and other by- products is supported by the improvement in domestic and international macro economy; the balanced supply and demand of urea products due to the industry consolidation in the People's Republic of China which led to an overall scale down in the supply of urea; and the recovery of coal price.