China Eastern Airlines Corporation Limited provided earnings guidance for the year ended December 31, 2018. Based on the preliminary estimates of the company made in accordance with the China accounting standards for business enterprises, the net profit attributable to the equity holders of the company for the year 2018 is expected to be RMB 2.6 billion to RMB 3.0 billion, representing a year-on-year decrease of 53% to 59%. Detailed results will be disclosed in the 2018 annual report of the company. The net profit attributable to the equity holders of the company after deducting non- recurring gains and losses is expected to be RMB 1.68 billion to RMB 2.0 billion, representing a year-on-year decrease of 55% to 63%, compared for the year 2017, the net profit attributable to the equity holders of the company amounted to RMB 6.352 billion; the net profit attributable to the equity holders of the company after deducting non-recurring gains and losses amounted to RMB 4.493 billion. For the year 2017, basic earnings per share of the company amounted to RMB 0.4391. In 2018, under the premise of ensuring safe operation, the company strengthened marketing, improved service quality and actively explored external cooperation. All reform measures were promoted in order and all production and operation indicators were enhanced steadily. However, due to the rise in annual average aviation fuel prices, the company's aviation fuel costs in 2018 increased significantly; the depreciation of RMB during the reporting period resulted in an exchange loss of the Company in 2018 (as compared to an exchange gain for the corresponding period last year). In addition, the company recorded an investment gain of approximately RMB 1.754 billion in 2017 due to the transfer of 100% equity interests of Eastern Air Logistics Co., Ltd, while there was no such investment gain in 2018.