Northern New Energy Holdings Limited Provided earnings guidance for the nine months ended September 30, 2016. The board of directors of the company informed the shareholders and potential investors of the company that, based on information currently available, the Group is expected to record a net profit for the nine months ended September 30, 2016 as opposed to a net loss for the nine months ended September 30, 2015, mainly attributable to (i) a decrease in the unaudited consolidated loss attributable to the Group's catering business in comparison with the same period last year as a result of effective cost reduction and control measures plus having adopted an optimized business model; (ii) an increase in total revenue and resulting profit of the Group as compared to the same period last year mainly generated by the new energy development business despite its financial returns have slowed down in the third quarter of 2016 in light of the market sentiment; and (iii) a gain on disposal of a 80%-owned subsidiary which principally engaged in the catering business.