Sinofert Holdings Limited provided group earnings guidance for the six months ended 30 June 2018. The company expected that there will be a notable improvement in the operating results of the group for the six months ended 30 June 2018 as compared with those for the six months ended 30 June 2017. The improvement of the operating results is mainly attributable to the group's clear strategic direction, internal structural reorganization and compensation incentive reform, the effects of which have further materialized. In particular, the group expanded the scale of its strategic procurement to secure high quality supplies, strengthened the collaboration with its core customers, seized the opportunity arising out of the increase of domestic market price of various major fertilizers and enhanced the integrated marketing programs targeted at downstream customers, which led to the year-over-year increase in the sales volume and operating profit. In addition, the major production units of the group continued to operate efficiently and the production stability of Sinochem Jilin Changshan Chemical Co. Ltd., a subsidiary of the company, has also been enhanced, which resulted in a notable year-over-year increase in the gross profit margin.