Monday, August 5, 2013
Profit warning
Profit warning:
(a) Technics Oil & Gas: 3QFY13;
(b) RH Petrogas: 2Q13 due to write off for farm-in option agreement (US$3.6m) and two unsuccessful exploration wells (US$2.9m) drilled in the Kepala Burung production sharing contract;
(c) Leader Enviro Tech: 2Q13 due to no revenue was derived from desulphurization contracts in this quarter and impairment of trade receivables of RMB22.3 million relating to two customers;
(d) Jubilee Industries: 2Q13 mainly due to lower revenue and lower gross profit margin;
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