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KUNUF.PK - KunLun Energy 2012 Net Profit HKD 6.52 Bn, Up 16 Percent YoY

|Includes: Kunlun Energy Co., Ltd. (KUNUF)

 

Prepared by ChinaScope Financial | Source: Company Disclosure
  • According to the annual report released by KunLun Energy (00135: HKG) on March 21, in 2012, company revenue totaled HKD 33 billion, up 27.2 percent year-on-year (YoY), and company net profit attributable to common shareholders amounted to HKD 6.52 billion, up 16 percent YoY.

 

  • As of the end of 2012, company total asset was valued at HKD 109 billion, up 29 percent YoY, while company total liability amounted to HKD 46.4 billion, up 20 percent YoY.

 

  • According to the announcement, in 2012, the international oil prices fell followed by an uptrend, and remained at a relatively high level for the whole year. The increases in KunLun Energy's sales revenue and profit were contributed by the rapid growth in oil and natural gas businesses.

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