Winsway Enterprises Holdings Limited provided preliminary unaudited consolidated earnings guidance for the year ended June 30, 2016. The Group is expected to record a consolidated profit for the six months ended 30 June 2016 as compared to the loss recorded over the same period in 2015. Such profit is primarily attributable to: the successful completion of the rights issue and the restructuring of the senior notes due 2016 issued by the company on April 8, 2011, which have resulted in an extraordinary gain; there were no impairment in the six months ended June 30, 2016 similar to those recognized in the corresponding period in 2015 where were a significant contributor to the loss recorded in that period; and an improvement in the company's operational performance through (i) higher revenue, buoyed in part by an improving industry sector, continuing efforts to boost the company's business, including through the development of the company's new business model; (ii) more stringent risk management in the commodities logistical and trading business sector; as well as (iii) continuous cost-saving efforts.