Zhongyu Gas Holdings Limited provided earnings guidance for the year ended December 31, 2017. The company is expected to record around 150% increases in profit attributable to owners of the company for the financial year ended December 31, 2017 as compared to that for the previous year. Such increase is mainly attributable to an increase in turnover and a foreign exchange gain primarily arising from the company's bank borrowings denominated in the United States dollars as a result of the appreciation of Renminbi since the beginning of 2017 which trend continued throughout 2017. The growth in turnover is mainly attributable to significant increase in sales of piped gas to industrial customers and connection revenue from residential households under the implementation of the coal-to-gas conversion policy in the Mainland China.