Gelonghui May 12th 丨China Coalbed Methane (08270.HK) announcement,The turnover for the three months ended March 31, 2023 was approximately RMB 64,182 million, an increase of 5.32% over the same period of the previous fiscal year.The Group recorded a loss of approximately RMB 992,000. The basic loss attributable to shareholders is approximately RMB 0.29 per share. It is not recommended to pay any dividends for the 3 months ending March 31, 2023.
The increase in earnings for the quarter was mainly due to the increase in the average daily output of the Group's liquefied natural gas plant and the increase in the price of liquefied natural gas, which contributed about RMB 51.76 million in quarterly revenue.