The board of directors of China Ground Source Energy Industry Group Limited announced the shareholders of the company and potential investors that based on the preliminary assessment by the board with reference to the unaudited consolidated management accounts of the group for the year ended 31 December 2017, the group expected to record a net profit for the year ended 31 December 2017 as compared to the net loss of last year. Turning from loss to profit is mainly attributable to increases of revenue and profit margin during the period under review.