Brightoil Petroleum Holdings Limited provided preliminary unaudited consolidated earnings guidance for the six months ended December 31, 2015. For the period, the company expects to record a significant loss as compared to a profit for the corresponding period of the previous year. Loss was mainly attributable to voluntary impairment of Caofeidian oilfields in China as a result of the significant drop of and the continuously low international crude oil price.
Brightoil Petroleum (Holdings) Limited
Equities
933
BMG1371C1212
Oil & Gas Refining and Marketing
1st Jan change | Capi. | |
---|---|---|
+10.67% | 232B | |
+21.27% | 102B | |
+4.72% | 102B | |
+19.04% | 62.23B | |
+6.74% | 60.25B | |
+20.88% | 51.38B | |
+27.58% | 37.82B | |
+25.07% | 26.8B | |
-16.48% | 19.74B |