Minmetals Land Limited provided earnings guidance for the year ended 31 December 2017. For the period, the company informed the shareholders of the Company and the potential investors that based on the preliminary review of the unaudited consolidated management accounts of the Group, the profit attributable to equity holders of the Company for the year ended 31 December 2017 is expected to record an approximately 40% increase when compared with the year ended 31 December 2016. Based on the information currently available, the aforesaid increase was primarily attributable to the enlargement of the Group's business operation, improvement in operating results and the substantial increase in the gross profit margin of the real estate development business.