The board of directors of Beijing Gas Blue Sky Holdings Limited announced that, based on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2019, the Group is expected to record an increase in net profit for the Period as compared to the net profit for the corresponding period in 2018. Such increase was mainly attributable to the increase in the revenue and gross profit from the natural gas business of the Group, particularly the expansion of liquefied natural gas ("LNG") business scale promoted supply chain management ability in China; the increase in the share of profit of an associate, mainly from Jingtang LNG receiving terminal project, during the Period; and reversal of impairment losses on financial assets during the Period.