Tiande Chemical Holdings Limited provided earnings guidance for the six months period ending 30 June 2018. The board of directors of the Company announced that based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the three months ended 31 March 2018 and the information currently available to the Board, it is expected to record a decrease of at least 70% in profit attributable to the owners of the Company for the six months period ending 30 June 2018 as compared to that of the corresponding period last year. Such decrease was mainly attributable to the intense market competition in cyanide and its derivative products, which leads to the decrease in both selling prices and sales volume of such products.