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. | |
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+19.07% | 100B | |
-1.23% | 96.72B | |
+17.40% | 61.75B | |
+3.30% | 58.08B | |
+18.25% | 50.81B | |
+17.95% | 34.89B | |
+22.64% | 25.47B | |
-17.60% | 19.58B | |
+7.77% | 19.29B |