International Standard Resources Holdings Limited provided earnings guidance for the year ended December 31, 2018. For the year, Group is expected to record an increase of approximately 70% in loss for the year ended 31 December 2018 as compared to the year ended 31 December 2017. Such loss was mainly attributable to following items: impairment loss on the production sharing contract of the coalbed methane business in Anhui Province, the People's Republic of China (the "PSC"); amortisation of the PSC; imputed interest incurred on the convertible notes issued by the Company; and (iv) write off of other receivables.