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china cbm group co ltd (8270) Details

China Leason CBM & Shale Gas Group Company Limited, an investment holding company, exploits, produces, and sells natural gas in the People’s Republic of China. The company primarily explores for, develops, and produces liquefied coalbed gas. It is also involved in the provision of gas supply connection services and liquefied coalbed gas logistics services; and sale of piped natural gas, as well as in gas distribution activities. The company was formerly known as China Leason Investment Group Co., Limited and changed its name to China Leason CBM & Shale Gas Group Company Limited in October 2011. China Leason CBM & Shale Gas Group Company Limited was incorporated in 2002 and is headquartered in Tsim Sha Tsui East, Hong Kong.

509 Employees
Last Reported Date: 03/30/14
Founded in 2002

china cbm group co ltd (8270) Top Compensated Officers

Chairman, Chief Executive Officer and Complia...
Total Annual Compensation: CNY1.0M
Executive Director
Total Annual Compensation: CNY275.0K
Executive Director
Total Annual Compensation: CNY116.0K
Compensation as of Fiscal Year 2013.

china cbm group co ltd (8270) Key Developments

Kwok Shun Tim Resigns as Non-Executive Director of China CBM Group Company Limited

The board of directors of China CBM Group Company Limited announced that Mr. Kwok Shun Tim has resigned as the non-executive Director with effect from 22 July 2014 due to his personal commitments on his other business.

China Leason CBM & Shale Gas Group Company Limited has Changed its Name to China CBM Group Company Limited

On May 12, 2014, China Leason CBM & Shale Gas Group Company Limited changed its name to China CBM Group Company Limited.

China Leason CBM & Shale Gas Group Company Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

China Leason CBM & Shale Gas Group Company Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported turnover of RMB 49,253,000 compared to RMB 33,527,000 a year ago. Loss before income tax was RMB 19,360,000 compared to RMB 27,506,000 a year ago. Loss attributable to equity shareholders of the company was RMB 15,580,000 or 0.16 cent basic and diluted per share compared to RMB 24,357,000 or 0.61 cent basic and diluted per share a year ago. The increase in turnover mainly attributable to the increase in production compared with the previous period as a result of the increase in number of wells in production, and China United Coalbed Methane Co. Ltd. started to resume the supply of gas in November 2013, therefore, the operating income generated from sales of liquefied coalbed gas has increased by approximately RMB 16,259,000.

 

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