Fortune Oil today reported its results for the financial year ending 31 December 2011.
Financial highlights
Operational highlights
Ooutlook
Mr. Qian Benyuan, Chairman of Fortune Oil , commented:
“Fortune Oil delivered another strong performance in 2011 and continued to make significant progress across all core businesses. The Company’s strong position, significant industry experience and clear strategic focus has allowed us to benefit from opportunities that have arisen and we remain confident of continue success in the coming years.
“We are very excited about the growth prospects for Fortune Oil. We continue to strengthen our position in the China gas industry while still seeking opportunities in the oil sector. Given Fortune Oil’s attractive position within China’s expanding energy and resource markets, we remain confident of delivering further success in the future.”
[mappress] LNG World News Staff, April 26, 2012