Summary by Moomoo AI
TL NATURAL GAS HOLDINGS LIMITED (THE “COMPANY”) FOR THE YEAR ENDED 31 DECEMBER 2013 SHOWED THAT THE COMPANY'S REVENUE WAS RMB77,952 THOUSAND, AN INCREASE OF APPROXIMATELY 15.4% OVER THE PREVIOUS YEAR'S RMB67,591 THOUSAND. Increase mainly due to increased demand from local communities, resulting in increased LNG sales contributions. However, the company recorded a net loss of RMB23,262 thousand for the year, a significant increase from RMB3,644 thousand in the previous year, mainly due to depreciation losses on property, plant and equipment and housing developments in Malaysia. Looking ahead, the company remains optimistic about CNG consumption growth and actively explores new business opportunities. After the reporting period, the Company completed the distribution of shares to raise funds to invest in renewable energy-related businesses and general operating capital.