Nine Dragons Paper (Holdings) Limited provided group earnings guidance for the year ended June 30, 2017. The board of directors of the company, based on the preliminary review of the management accounts of the group, if the exchange losses on operating and financing activities (net of tax) and the loss from derivative financial instruments (net of tax) were excluded, the profit attributable to equity holders of the company for the year ended 30 June 2017 is expected to increase not less than 60% as compared to the year ended 30 June 2016, due to an increase in selling price of the products and a better profit margin of the group.