Shenzhen Mingwah Aohan High Technology Corporation Limited provided group earnings guidance for the period ended June 30, 2018. For the period, the company expected that the group will record a net profit attributable to the shareholders of the Company as compared to a loss in the corresponding period in 2017. The turnaround from loss to profit was mainly attributable to the increase in other income due to an increase in value-added tax refund; and a reduction in general and administrative expenses due to tighter cost control measures implemented by the Group.