Sichuan Datong Gas Development to swing to loss in Q1 of FY 2018
Published by Joseph Green,
Editor
LNG Industry,
Reuters are reporting that Sichuan Datong Gas Development Company has announced a swing to net loss of 5 million yuan to 6 million yuan in Q1 of FY 2018 versus net profit at 2.1 million yuan year ago.
The company has commented that decreased gross margin of LNG business and net profit of unit as main reasons for the forecast.
Read the article online at: https://www.lngindustry.com/liquefaction/16042018/sichuan-datong-gas-development-to-swing-to-loss-in-q1-of-fy-2018/
You might also like
Seaspan completes first car carrier ship-to-ship LNG bunkering at Long Beach
Seaspan Energy has completed its first LNG bunkering operation to a pure car and truck carrier at the Port of Long Beach.