West China Cement Limited provided earnings guidance for the six months ended 30 June 2017. For the six months, the company expects to record a net profit for the six months ended 30 June 2017 as compared to a net loss for the corresponding period of 2016 due to the following factors: Cement average selling prices have increased moderately in the first half of 2017 as compared to that for the first half of 2016. As a result, revenue of the Group for the five months ended 31 May 2017 recorded an increase of approximately 30% as compared to that for the five months ended 31 May 2016. As a result of the rise in the value of the RMB against the USD in the month of May 2017, as at 31 May 2017, the Group has recorded an unaudited foreign exchange gain of RMB 24.4 million, mainly arising from the foreign exchange translation from USD to RMB of the 2019 Senior Notes issued by the Company in September 2014. This is compared with a foreign exchange loss of the Group of RMB 55.7 million for the six months ended 30 June 2016.