China Chengtong Development Group Limited provided consolidated earnings guidance for the six months ended June 30, 2017. The Group is expected to record an unaudited consolidated profit after tax of approximately HKD 5.49 million for the six months ended June 30, 2017 which represents a decrease of approximately 82% as compared to an unaudited consolidated profit after tax of approximately HKD 30.53 million for the corresponding period of 2016. The main reason for decrease in profit was a significant increase in the turnover of the Group as a result of the active trading of bulk commodity which expanded to the trading in metals during the period.