Kingdom Holdings Limited provided earnings guidance for the year ending December 31, 2018. For the period, the company expects that the group's net profit will not be less than RMB 80,000,000 as compared to RMB 622,000 for the year ended 31 December 2017, as a result of the improving gross profit margin due to market recovery and price adjustments since beginning of 2018; the sharp appreciation of United States Dollars against Renminbi in recent months; and a fair value gain arising from derivative financial instruments of approximately RMB 5,474,000 recorded for the six months ended 30 June 2018 as compared to a fair value loss of approximately RMB 7,002,000 recorded for the year ended 31 December 2017.