Canada Foundation Limited News

Brightoil Petroleum Transforms

Brightoil Petroleum (Holdings) Limited, the largest service provider of marine bunkering in Shenzhen Port and its surrounding areas, announced its interim results as at 31 December 2008. For the six months ended 31 December 2008, the group's revenue surged to HK$2,942,195,000, representing a skyrocketing increase of approximately 237 times as compared to the corresponding period last year. Gross profit posted a year-on-year growth of 1,528% from HK$12,004,000 to HK$195,444,000. Profit attributable to shareholders went up significantly by 232% to approximately HK$168,082,000 and earnings per share jumped by 229% to 13.8 HK cents when compared to the same period of the previous year.