Green Dragon Gas Ltd. reported unaudited consolidated earnings and operating results for the six months ended June 30, 2015. For the period, the company reported revenue of $16,783,000 compared to $15,483,000 a year ago. Profit from operations was $5,463,000 compared to loss from operations of $323,000 a year ago. Loss before income tax was $1,556,000 compared to $69,223,000 a year ago. Loss attributable to owners of the company was $1,446,000 compared to $69,267,000 a year ago. Basic and diluted loss per share from continuing operations was $0.01 compared to $0.504 a year ago. Net cash generated from operating activities was $1,180,000 compared to $3,668,000 a year ago. Payments for purchase of property, plant and equipment was $284,000. Capital expenditure increased to $19.4 million from compared to $7.8 million for the same period of last year

The company looks forward to delivering on commitment to reach a 12 Bcf per year exit rate by the end of 2015. In addition the company has benefitted from investment in infrastructure allowing to sell gas produced by existing wells, increasing production to achieve an first half exit rate of 10.15 Bcf per year and giving the company full confidence in achieving year end exit rate target of 12 Bcf per year.