China Display Optoelectronics Technology Holdings Limited provided earnings guidance for the six months ended June 30, 2017. For the period, the group is expected to record a significant increase in its consolidated profit for the six months ended 30 June 2017 (the relevant period), as compared to that of the corresponding period in 2016. The aforesaid expected significant increase in the consolidated profit was mainly attributable to the decrease in cost of raw materials as compared to that of the corresponding period in 2016 which has resulted in the recovery of the gross profit margin of LCD module products of the Group; and the increase in average selling price as a result of the improvement in product mix.