International Standard Resources Holdings Limited provided group earnings guidance for the year ended December 31, 2017. The group is expected to record a decrease of approximately 20% in loss for the year ended 31 December 2017 as compared to the year ended 31 December 2016. Such loss was mainly attributable to non-cashflow items of impairment loss on the production sharing contract of the coalbed methane business in Anhui Province, the People's Republic of China; amortisation of the PSC; loss on revaluation of financial assets at fair value through profit or loss; and imputed interest incurred on the convertible notes issued by the company, which the Board believes that there is no material impact on the cashflow position and operations of the group.