Trade Kunlun Energy Company Limited - 0135 CFD

KunLun Energy Company profile

About Kunlun Energy Company Ltd

KunLun Energy Company Limited is an investment holding company principally engaged in the business of natural gas sales. Along with subsidiaries, the Company operates its business through four segments. The Exploration and Production segment is engaged in the exploration, development, production and sale of crude oil and natural gas. The Natural Gas Sales segment is engaged in the wholesale and retail sale of natural gas and liquefied petroleum gas (LPG) products. The Liquefied Natural Gas (LNG) Processing and Terminal segment is engaged in the processing, unloading, storing, gasification and loading of LNG. The Natural Gas Pipeline segment is engaged in the transmission of natural gas through pipelines. The Company mainly operates its businesses in China, Kazakhstan, Peru and Thailand and other districts.

Financial summary

BRIEF: For the six months ended 30 June 2021, Kunlun EnergyCompany Ltd revenues increased 39% to RMB64.74B. Net incomebefore extraordinary items increased from RMB742M toRMB2.6B. Revenues reflect Natural Gas Sales segmentincrease of 16% to RMB49.6B. Net income benefited from Netexchange gain/(losses) decrease from RMB211M (expense) toRMB153M (income). Basic Earnings per Share excludingExtraordinary Items increased from RMB0.09 to RMB0.30.