China Chuanglian Education Financial Group Limited reported consolidated earnings guidance for the six months ended June 30, 2018. The board of directors of the company informed the shareholders of the company and potential investors of the Company that, based on the preliminary assessment of the latest unaudited consolidated management accounts of the Group for the six months ended 30 June 2018, it is anticipated that the Group would improve significantly to record a profit attributable to owners of the Company for the six months ended 30 June 2018 as opposed to the loss attributable to owners of the Company for the corresponding period in 2017. The aforesaid turnaround to profit was mainly attributable to: a significant increase in the revenue from the educational consultancy and online training and education business; and an improvement in gross profit margin as a result of better economy of scale achieved.