China Energy FY07 net profit up 38% toRMB265 million, on rising alternative energy demand in PRC
• Revenue improved 42% on the back of higher Dimethyl Ether (DME) sales
• Gross margin maintained at 34.8%, despite rising raw material costs
• Sustained crude oil prices and rising environmental concerns propels the demand for clean alternative energy in China
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_741C83D78E771C2D482573FA003ECBB9/$file/CEL_Press_Release_25Feb08.PDF?openelement
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