Yanchang Petroleum International Limited provides earnings guidance for the six months ended 30 June 2023. The Group is expected to turnaround and record a profit of around HKD 13 million for the six months ended 30 June 2023, as compared to a loss of around HKD 36 million for the six months ended 30 June 2022. The turnaround in profit of the Group is primarily attributable to: (i) the satisfactory performance of the exploration, exploitation and production of crude oil and natural gas business in Canada; and (ii) the refined oil and by-products trading business in the PRC remained profitable.