GCL New Energy Inc. revised its forecast for net profit attributable to shareholders in the first half of 2018 to between RMB 20.41 million and RMB 30.02 million (USD 3.05 million to USD 4.49 million), matching last year's performance and representing a significant turnaround from the loss projected in its the first quarter earnings report. In GSL-SI's first quarter report, net loss attributable to shareholders was RMB 147 million, with performance loss in the same period expected to be between RMB 100 million and RMB 0. GCL SI's second quarter profit was estimated to be around RMB 200 million yuan.