Primeline Energy Holdings Inc. announced audited earnings results for the fourth quarter and year ended March 31, 2017. In fourth quarter of 2017, the company booked a profit of RMB 133 million. This is the first quarter that the Company recorded a profit. For the year, the company reported oil and gas revenues of RMB 514 million as compared to RMB 179 million for the previous year. EBITDA was RMB 293 million. The company's yearly net loss was RMB 131 million.