Primeline Energy Holdings Inc. announced unaudited earnings results for the third quarter ended December 31, 2016. For the quarter, the company reported total oil and gas revenue recognized for the quarter was RMB 94 million, as compared to RMB 86 million for the same quarter in the previous year. EBITDA was RMB 63 million presented before exchange difference, which has been volatile. Because of the substantial depreciation charge of RMB 88 million, and particularly the foreign exchange loss as a result of the sharp depreciation of RMB against USD of RMB 75 million, the company's quarterly net loss was RMB 124 million.