According to the Zhitong Finance App, China Coalbed Methane (08270) announced results for the 3 months ending March 31, 2023. The group obtained operating income of RMB 64.182 million (same unit below), an increase of 5.3% over the previous year; the loss attributable to the company's equity shareholders was 992,000 yuan, a decrease of 82.83% over the previous year; a loss of 0.29 points per share.
The Group achieved gross profit of 10.333 million yuan during this period, compared to about 5.295,000 yuan in the same period in 2022. The sharp increase in gross profit was mainly due to the increase in sales volume and unit sales price of the company's liquefaction business