Yanchang Petroleum International Limited provided earnings guidance for the year ended December 31, 2017. For the year, the company expects expected to record a loss of around HKD 58 million for the year ended 31 December 2017, which has been significantly reduced as compared to a loss of around HKD 270 million for the previous year. The loss of the Group includes, inter alia, convertible bonds interest of around HKD 37 million and business development expenses of around HKD 6 million destined to position the Group for future growth.