Aag Energy Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2019
March 27, 2020 at 01:58 pm
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AAG Energy Holdings Limited announced earnings results for the full year ended December 31, 2019. For the full year, the company announced net income was CNY 707.368 million compared to CNY 412.937 million a year ago. Basic earnings per share was CNY 0.21 compared to CNY 0.12 a year ago.
AAG Energy Holdings Limited is principally engaged in the exploration, development and production of coalbed methane (CBM) in the People's Republic of China (the PRC). The Company operates its business through two segments: Panzhuang Concession and Mabi Concession. The Company's subsidiaries include AAG Energy (China) Limited and SAEI.