Phoenix Healthcare Group Co. Ltd. provided earnings guidance for the half year ended June 30, 2016. The group is expected to record an increase of around 20%-40% in consolidated net profit attributable to the shareholders of the company for the half year ended June 30, 2016 as compared with the consolidated net profit attributable to the shareholders of the company of approximately RMB 104.218 million for the half year ended June 30, 2015. The Board considers that the expected improvement in the overall results of the group for the half year ended June 30, 2016 as compared with the corresponding period in 2015 was mainly attributable to the continuous increase in the overall patient visits and average spending per patient visit of the group's in-network hospitals and clinics, the group has recorded a strong growth in revenue and gross profit, in particular, the hospital management services segment and supply chain business segment, for the half year ended June 30, 2016 as compared to the corresponding period in 2015.