IDG Energy Investment Group Limited provided unaudited consolidated earnings guidance for the financial year ended March 31, 2018. For the period, the group expects to record a net profit of approximately HKD 14 million for fiscal year 2017 as compared to the net loss of the previous financial year. The turnaround from loss to profit is primarily attributable to: the recovery of crude oil prices in fiscal year 2017, which led to an increase in the revenue and a positive gross profit; the return on its investment regarding upstream oil and gas assets, in the form of interest income from the term loan granted to Stonehold Energy Corporation, who holds the unconventional upstream oil and gas assets in the Eagle Ford core region in the United States of America, details of which are disclosed in the announcements of the Company dated 15 August 2017, 27 September 2017 and 28 February 2018 and the circular of the Company dated 29 September 2017, and no recognition in fiscal year 2017 of any one-off notional listing expenses and related transaction costs, which has a significant amount and had been incurred for the reverse takeover transaction completed during the previous financial year.