Da Ming International Holdings Limited provided earnings results guidance for the six months ending June 30, 2018. For the period, the company is expected to record a net profit for the six months ending 30 June 2018 as compared to the net loss for the six months ended 30 June 2017. The expected net profit is mainly due to an improvement in gross profit. The improvement in gross profit was mainly due to the following factors: The increase in Revenue was greater than the increase in the cost due to an improvement in operating efficiency leading to a higher gross profit margin; Contributions from new projects and growth in sales of varieties steel products; and Relatively stable market price of stainless steel and carbon steel raw materials during the first five months of the year as compared with a downward trend in the first half year of 2017.