China Yu Tian Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2017. For the year, the company expected to record a decrease of more than 20% in its consolidated profit attributable to equity holders for the year ended 31 December 2017 as compared to that of the year ended 31 December 2016. Such expected decrease was primarily attributable to the increase in foreign exchange loss as a result of the depreciation of trade receivables in terms of US Dollars over Renminbi and increase in finance cost as a result of the increase in notes payables during the year ended 31 December 2017. The company is still in the process of finalising its consolidated final results for the year ended 31 December 2017. The information contained in this announcement is only based on a preliminary assessment made by the Board based on the unaudited consolidated management accounts for the year ended 31 December 2017 provided by its management of the company, and is not based on any figures or information reviewed by the company's audit committee. As such, the actual results for the year may or may not be different from the disclosure in this announcement.