The Board of Ko Yo Chemical (Group) Limited provided earnings guidance for the six months ended June 30, 2017. The board informed shareholders of and potential investors in the company that, due to the market prices of urea, methanol and other chemical products were increased from low level of last year, which in turn leads to the operating gross profit of the Group was improved and the sales of the Group was substantially increased. However, the Board expects that the Group will still record a loss in the first half of the financial year of 2017 but the loss was reduced as compared to the same period of last year.