China National Building Material Company Limited provided group earnings guidance for the year ended 31 December 2018. It is expected that the unaudited profit attributable to equity holders of the Group for the twelve months ended 31 December 2018 will increase substantially as compared with that of the same period in 2017 (as set out in the audited financial statements as well as the unaudited pro forma consolidated financial information of the Group after the merger by absorption of China National Materials Company Limited by the Company in the Company's 2017 annual report). The above expected increase, which is attributable to the principal business of the Group, is due to an increase in the price of cement, being the major product of the Group, partially reduced due to, among others, the substantial increase in the provision for impairment loss on assets and the substantial decrease in the fair value of financial assets recognised at fair value through profit or loss of the Group.