Lingyuan Iron & Steel Co., Ltd. announced earnings guidance for the quarter ended March 2019. The Company predicts a decrease of RMB 186 million in its net profit belonging to shareholders of the listed company from January to March in 2019 compared with the same period of the year before, with a year-on-year decrease of about 73%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will decrease by RMB 178 million compared with the same period of the year before, with a year-on-year decrease of about 69%.