China Tungsten and Hightech Materials Co., Ltd. is expected to record turnaround in its 2013 annual results as compared with the corresponding period of last year. The net profit attributable to the owners of the company for the year ended 31 December 2013 is estimated to be in the range from RMB 150 million to RMB 175 million, and basic earnings per share is estimated to be in the range from RMB 0.28 to RMB 0.33.