Ko Yo Chemical (Group) Limited provided earnings guidance for the first half of the financial year of 2018. For the period, the company informed shareholders of and potential investors in the Company that, due to the market prices of urea, methanol and other chemical products were increased as compared with last year, which in turn leads to the operating gross profit of the Group was improved. However, due to the valuation loss from the expiry of put option agreement entered between the Company and Asia Pacific Resources Development Investment Limited on 18 January 2015, the temporary suspension of natural gas supply for one month in January 2018, the improvement of polyphenylene plant has not yet completed and the temporary suspension of melamine and phosphoric acid projects lead to the investments cannot generate cash flow and affect the profit, the Board expects that the Group will record a loss in the first half of the financial year of 2018. With the increase in market prices of chemical products this year and the supply of natural gas has not yet met the full capacity production requirement but the supply was stable, the Board is in confident to improve the Group's overall financial position.