Huscoke Resources Holdings Limited provided group earnings guidance for the six months ended June 30, 2016. For the period, the financial results of the group are expected to record a profit. The Board considers that the profit for the period is primarily attributable to the waiver of the 13% per annum of interim rate on the Remaining Deposit of HKD 120.0 million from Kailuan from 1 January 2016 and thereafter; the increase in the price of coke from around RMB 700/tonne in April 2016 to around RMB 900/tonne in June 2016 that leads to an increase in gross profit in the second quarter of the review period.