China XLX Fertiliser Ltd. provided group earnings guidance for the first quarter ended March 31, 2018. For the period, the company expects that the net profit of the Group may increase by at least 65% as compared to that for the corresponding period of last year. The increase in net profit of the Group was mainly due to: the increase in the sales proportion of high-efficiency fertilizer; and the continuous industry consolidation leading to accelerated close down of those small scale and highly pollutive manufacturers which have high production costs and the increase in average selling prices of main products of the Group, such as urea, melamine and liquid ammonia.