China Art Financial Holdings Limited provided consolidated preliminary earnings guidance for the six months ended 30 June 2017. The group expected that it will record a substantial increase in consolidated profit for the six months ended 30 June 2017, and the expected profit and total comprehensive income for the year attributable to owners of the company for the six months ended 30 June 2017 will record a significant increase of over 100% as compared to same period last year. The board considers that the significant increase in the consolidated profit for the six months ended 30 June 2017 was primarily attributable to significant increase in revenue from art auction business; and significant increase in revenue from art pawn loan business.