CEFC International Limited reported unaudited group earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of $67,585,000. In the first quarter of 2013, the group completed two fuel oil trading transactions. The company is working hard to increase trading opportunities by expanding its list of counterparties and securing top industry players. The group's current counterparties are well established companies in the industry. Loss before taxation was $359,000 against $147,000 for the same period in the last year. Due to the seasonal effects of the Lunar New Year holidays, fewer transactions were achieved in the first quarter of 2013. In addition, the finance cost which mainly included bank charges for the L/C issuance has impacted the group's profits. These factors resulted in the group recording a net loss for the first quarter of 2013. Net loss attributable to shareholders was $364,000 or 0.01033 cents per fully diluted share against $147,000 or 0.00416 cents per fully diluted share for the same period in the last year. Net cash used in operating activities was $524,000 against $237,000 for the same period in the last year. Acquisition of plant and equipment was $4,000 against $8,000 for the same period in the last year.

CEFC International Limited announced that they will report Q1, 2013 results on May 15, 2013

CEFC International Limited proved unaudited earnings guidance for the first quarter of 2013. The company is expected to record approximately SGD 370,000.00 net loss for first quarter of 2013. The board believes that the expected loss was mainly attributable o the seasonal effects of the Lunar New Year holidays resulting in fewer transactions in the first quarter.