Zhongyu Gas Holdings Ltd. provided earnings guidance for the six months ended June 30, 2016. The board of directors of the company informed the shareholders of the company and potential investors that the Group is expected to record a significant decrease in profit attributable to owners of the company for the six months ended 30 June 2016 as compared to the same period in 2015. Such decrease was mainly due to an unrealised exchange loss of approximately HKD 62 million primarily arising from the Group's bank borrowings being denominated in the United States dollars as a result of the depreciation of the Renminbi since the second half of 2015 which continued during first half of 2016. This is expected to result in the Group's profit attributable to owners of the Company for first half of 2016 being about half of that as compared to first half of 2015. Notwithstanding the above, the Board expects that should the effect of the net exchange loss be excluded, the profit attributable to owners of the Company for first half of 2016 will not be materially different to that for first half of 2015.