Anton Oilfield Services Group provided consolidated earnings guidance for the year ended 31 December 2014. For the period, the company currently expects that the revenue of the group may decline by approximately 20% as compared with the same period in 2013, while the profits attributable to the equity holders of the company may decline by over 140% as compared with the same period in 2013. The Board considers that such net loss was mainly attributable to the adjustment in the domestic market and decrease in international oil price since the second half of the year which has led to the difficult condition of domestic and international oil and gas industry, the delay or cancellation of certain projects, the competitive oilfield services industry and the resulting increased downward pricing pressure; the sales incomes of the group for the year which was quite different from the target; increased resources committed by the group to the development of new business to address the market adjustment, and the corresponding increase in financing costs, labor costs and other fixed costs.