New Century Healthcare Holding Co. Limited provided preliminary group earnings guidance for six months ended June 30, 2018. For the six months, the overall revenue of the Group is expected to record an increase of at least 10% as compared with that for the six months ended June 30, 2017, with even higher growth in the revenue from medical services. However, the consolidated profit before tax will decrease by approximately 25-35% as compared with the consolidated profit before tax of RMB 86.5 million for the six months ended June 30, 2017. This was primarily attributable to the increase in headcounts and operation costs as the three newly-established clinics in Beijing region (with an additional gross floor area of approximately 10,000 sq.m.) were put into operation during 2018; and no gains from the conversion of convertible preferential shares into ordinary shares recorded during the period and the incurrence of the share option expenses as compared to the corresponding period of last year.