China Geothermal Industry Development Group Limited provided earnings guidance for the three months ended March 31, 2019. For the period, the company expects to record a loss for the Period as compared to a profit for the last corresponding period in 2018. Such loss was mainly attributable to the decreases in revenue and gross profit for the Period. The reasons for the decreases in revenue and gross profit were mainly attributable to: the influence of the slowdown in construction sector causing decrease on the number of construction projects. Some of the Company's contracted projects were postponed due to the delay of construction progress of the subject properties; the investment in the low-margin demonstration projects for the development of new markets has greatly affected the overall gross profit.