China Shuifa Singyes Energy Holdings Limited provided consolidated earnings guidance for the six months ended 30 June 2020. The Group expects the profit for the period attributable to owners of the Company for the six months ended 30 June 2020 would be ranging from RMB 180 million to RMB 220 million, while the Group recognised a loss attributable to the owners of the Company of RMB 468 million in the six months ended 30 June 2019. The substantial improvement in business of the Group was mainly because of the increase in gross profit of the Group's EPC business after the completion of the debt restructuring in November 2019.