Kinetic Mines and Energy Limited provided consolidated earnings guidance for the six months ended 30 June 2016. For the period, company reported that the consolidated net loss is expected to range from approximately RMB 35.0 million to approximately RMB 42.0 million as compared to a consolidated net loss of RMB 12.5 million for the corresponding period in 2015 which is mainly attributable to, amongst others, a significant decrease in coal production and sale volume due to loss of production time as a result of changing of coal mining surfaces as well as the coal production control enforced by the PRC government during the six months ended 30 June 2016.