China Glass Holdings Limited provided preliminary consolidated earnings guidance for the year ended 31 December 2017. The group expects to record a profit of not less than RMB 60 million for the year ended 31 December 2017, as compared to a net profit of approximately RMB 20.7 million recorded for the year ended 31 December 2016. The profit recorded by the group for the year ended 31 December 2017 was mainly attributable to a combination of the increases in the selling price and sales volume of the Group's main products as a result of the further recovery of the glass market as well as a significant decrease in finance costs mainly due to the adjustment to the group's financing structure.