Brief: Kunlun Energy posts 97.6 pct fall in FY net profit

Kunlun Energy

17/03/2016 23:15

March 17 (Reuters) - Kunlun Energy Co Ltd  0135.HK : 
 * Announcement of results  0135.HK  
 * Proposed final dividend attributable to owners of the company in respect of 
   2015 of HK6 cents per share 
 * FY revenue hk$41.64 billion versus HK$48.04 billion 
 * Says FY profit attributable to the owners of the company HK$137 million 
   versus HK$5.61 billion 
 * Group expects to generate positive operating cash flows in the future 
 * Directors consider that the group could obtain financing from various sources 
   of funding 
 * Consolidated financial statements have been prepared on a going concern basis 
 * Will optimise the current the group's and Kunlun gas business into two 
   aspects namely equity structure and management 
 
* Source text for Eikon  ID:nHKS9bQbzL  
 
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