Feishang Anthracite Resources Limited provided consolidated earnings guidance for the six months ended June 30, 2017. For the period, the Group would record a turnaround from loss to profit in its 2017 interim results. The Group expect to record consolidated profit attributable to the shareholders of not less than approximately CNY 20.0 million for the six months ended 30 June 2017 as opposed to the consolidated loss attributable to the shareholders of approximately CNY 165.5 million for the same period last year. The turnaround in the financial performance for the six months ended 30 June 2017 was attributable to the notable rebound in coal market sentiment in mainland China since the last quarter of 2016, which led to a surge in the average selling price of anthracite coal and no impairment loss of coal mines was recorded by the Group (the final figure is subject to any adjustment to be made under applicable accounting standards) for the six months ended 30 June 2017, as compared to the impairment loss on coal mines in the amount of approximately CNY 95.5 million for the six months ended 30 June 2016.