Primeline Energy Holdings, Inc. announced unaudited earnings results for the second quarter ended September 30, 2015. The company results for the quarter saw an increase in off take volumes by Zhejiang Gas, the sole customer for the LS36-1 gas, versus the prior quarter. Revenues from oil and gas sales increased to RMB 29,583,588 in the financial second quarter from RMB 6,078,216 in the previous period.

Despite the better revenues, there was a greater loss of RMB 76,518,266 compared to the loss of RMB 27,210,855 for the previous quarter. This deterioration resulted primarily from translation effects on US dollar denominated bank loan as a result of the weaker Chinese currency.