China Haisheng Juice Holdings Co. Ltd. provided earnings guidance for the year ended December 31, 2016. For the year the Group is expected to record a net profit for the year ended 31 December 2016 as compared to a net loss for the year ended 31 December 2015. The Board considers that the aforesaid turnaround from net loss to net profit was principally attributable to the improvement in gross profit margin due to the decrease in cost of raw material and the increase in sales volume of consumer beverages and apple pectin which have relatively higher gross profit margin.