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norwood abbey ltd (NAL) Details

Sino-Excel Energy Limited provides mining management, marketing, and money and treasury management services to the resource industry in Asia. The company’s mining management services include advisory and management services, such as mining, blending, warehousing, transporting, and advisory services for mine owners in coal, iron, ilmenite, pyrite, copper, and gold mining. It also offers marketing services, including client sourcing, securing sales orders, logistic arrangements, after sales service, AR collections, customer relationships, and sales analysis. In addition, the company provides asset advisory services that assist mine owners to secure mining, processing, and transportation equipment to increase outputs and to comply with safety and environment standards; and investment management services, such as acquisition feasibility studies, risk audit and advisory, and HR/contractor talent-scouting and remuneration. Further, it offers financial management services, including provision of integrated production, accounting and marketing software, procurement and payment systems, HR payroll systems, and treasury and banking controls. The company’s financial services help mine owners to secure additional funding for their growth and expansion through international IPO, mergers and acquisitions, issuance of debt instruments, and share placements. It has operations in Australia, Singapore, Hong Kong, and the People’s Republic of China. The company was formerly known as Norwood Abbey Limited and changed its name to Sino-Excel Energy Limited in June 2011. Sino-Excel Energy Limited is based in Singapore.

norwood abbey ltd (NAL) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: $63.7K
Executive Director
Total Annual Compensation: $87.2K
Executive Director
Total Annual Compensation: $87.2K
Secretary
Total Annual Compensation: $20.9K
Compensation as of Fiscal Year 2011.

norwood abbey ltd (NAL) Key Developments

Sino-Excel Energy Limited Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2012

Sino-Excel Energy Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of $4,460,887 against $7,029,774 a year ago. Loss before income tax expense was $11,253,521 against profit before income tax expense of $6,286,703 a year ago. Loss for the year was $11,698,865 against profit for the year of $4,947,375 a year ago. Diluted loss per share was 7.61 cents against 3.48 cents a year ago. Net cash provided by operating activities was $707,564. Net cash provided by operating activities was $733,095 against $3,043,772 a year ago. Payment for acquisition other investments was $12,880.

Sino-Excel Energy Limited Auditor Raises 'Going Concern' Doubt

Sino-Excel Energy Limited filed its Annual on Mar 27, 2013 for the period ending Dec 31, 2012. In this report its auditor, BDO International, gave a qualified opinion expressing doubt that the company can continue as a going concern.

Sino-Excel Energy Limited Announces Preliminary Consolidated Earnings Results for the Year Ended December 31, 2012

Sino-Excel Energy Limited announced preliminary consolidated earnings results for the year ended December 31, 2012. For the year, the company reported loss of $10,059,072 or 6.54 cents basic loss per share on revenue of $4,453,445. Loss before income tax expense was $9,613,654. Diluted loss per share from continuing operations was 6.54 cents. Net cash provided by operating activities was $707,564.

 

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