Concord New Energy Group Limited provided earnings guidance for the year ended December 31, 2018. For the year, the board of directors of the company announced the shareholders and potential investors of the company that based on the information currently available to the board, the group expects to record a significant increase of over 100% in net profit for the year ended 31 December 2018 as compared with last year. The significant increase in net profit is mainly due to the increase in profit from the power generation; and no substantial write-off and provision of the Engineering, Procurement and Construction business compared with 2017.