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Sino Gas & Energy Holdings Limited reported consolidated earnings results for the six months ended June 30, 2018. For the six months, the company reported interest income of $137,891 against $190,753 a year ago. Net income from joint venture was $4,604,332 against $2,448,163 a year ago. Loss before income tax was $2,344,268 against $947,922 a year ago. Loss for the period attributable to shareholders was $2,350,890 against $979,212 a year ago. Loss per share attributable to shareholders basic and diluted was 0.11 cents against 0.05 cents a year ago. Net cash used in operating activities was $4,741,313 against $3,431,314 a year ago. Payments for equipment were $12,547 against $323,507 a year ago. Purchase of exploration and evaluation assets was $89,039 against $3,059,565 a year ago.
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 3.42 | 3.39 | 3.02 | 2.61 |
Gross Profit | ||||
Operating Income | -2.46 | -0.99 | -0.11 | -0.07 |
Net Income | -2.35 | -3.52 | -0.98 | -3.38 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 157.55 | 158.3 | 159.61 | 158.17 |
Total Liabilities | 16.55 | 13.85 | 12.08 | 12.33 |
Total Equity | 141.01 | 144.45 | 147.54 | 145.84 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -4.74 | -7.15 | -3.43 | -6.06 |
Cash From Investing Activities | -5.51 | -10.52 | -9.37 | -13.08 |
Cash From Financing Activities | 3.28 | 1.31 | 1.43 | 0 |
Net Change in Cash | -6.98 | -16.26 | -11.31 | -19.19 |
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