Country Garden Holdings Company Limited provided earnings guidance for the six months ended June 30, 2018. For the six months, the group expected to record a substantial increase in its net profit and profit attributable to the company's shareholders for the six months ended 30 June 2018 as compared with the previous period. Of which, the profit attributable to the company's shareholders is expected to record an increase of not less than 50% over that of the previous period. The increase was primarily attributable to the increase in the recognized revenue from the sale of properties of the Group during the relevant period, the increase in the average selling price and the gross profit margin of such properties.