Tianjin Binhai TEDA Logistics (Group) Corporation Limited provided group earnings guidance for the three months ended 31 March 2018. The board of directors of the company, based on the initial assessment of the group's unaudited management accounts, the profit attributable to the owners of the Company for the three months ended 31 March 2018 as compared with that for the corresponding period in 2017 is expected to turn around from loss to profit, the Group expects to record a net profit of approximately RMB 1 million. The Board considers that such turn around from loss to profit of the Group is mainly due to the phased increase in the unit price of certain carriage and the increase in the number of transportation, the first quarterly results of Tianjin Fengtian Logistics Co. Ltd., a subsidiary of the company, increased substantially as compared with that for the corresponding period in last year.