Kinetic Mines and Energy Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2017. For the period, the company provided based on a preliminary review of the unaudited consolidated management accounts for the of the Group, it is expected that the Group would record a consolidated net profit before taxation exceeding RMB 100 million as compared to a consolidated net loss before taxation of RMB 55.8 million for the six months ended 30 June 2016, which is mainly due to, among others, significant increase in sales volume as well as growth in gross profit margins due to the increase in the average selling price of the Group's coal products during the first half of 2017 compared with the corresponding period in 2016.