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china bluechemical ltd - h (3983) Snapshot

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china bluechemical ltd - h (3983) Details

China BlueChemical Ltd., together with its subsidiaries, manufactures and sells mineral fertilizers and chemical products in the People’s Republic of China and internationally. The company operates in Urea, Phosphorus and Compound Fertiliser, Methanol, and Others segments. It offers urea; phosphorus fertilizers, including mono-ammonium phosphate and di-ammonium phosphate fertilizers; methanol; and polyoxymethylene, as well as compound and bulk blending fertilizers, and woven plastic bags. It is also involved in the trading of fertilizers and chemicals; mining, processing, and sale of phosphate ore; port operations; and provision of preparatory work for methanol and dimethyl-ether projects. In addition, the company offers transportation services; overseas shipping services; and storage, port services, and sea freight services, as well as manufactures and sells liquidized carbon dioxide. The company was formerly known as CNOOC Chemical Limited and changed its name to China BlueChemical Ltd. in April 2006. The company was founded in 2000 and is headquartered in Beijing, the People’s Republic of China. China BlueChemical Ltd. is a subsidiary of China National Offshore Oil Corporation.

6,566 Employees
Last Reported Date: 09/25/15
Founded in 2000

china bluechemical ltd - h (3983) Top Compensated Officers

Chief Executive Officer, President, Executive...
Total Annual Compensation: CNY377.0K
Compensation as of Fiscal Year 2014.

china bluechemical ltd - h (3983) Key Developments

China BlueChemical Ltd Closes 800,000-Tons Urea Facility and 600,000-Ton Methanol Facility in South Hainan Province

China BlueChemical announced the closure of its 800,000-ton urea production facility in the southern part of Hainan province and CNOOC Kingboard Chemical's 600,000-ton methanol plant in which the company holds a 60% stake due to the interruption of natural gas supply. The closed urea and methanol plants account for 43% and 75% of China BlueChemical's annual urea and methanol capacity, respectively. China BlueChemical may lose CNY 100 million (approx. $15.2 million) a month due to the closure of the two plants.

China BlueChemical Ltd. Announces Earnings Results for the First Six Months Ended June 30, 2015

China BlueChemical Ltd. announced earnings results for the first six months ended June 30, 2015. The company has reported that profit attributable to owners of the parent for the first six months ended June 30, 2015 was RMB 504.98 million, or RMB 0.11 per basic share, compared to RMB 447.53 million, or RMB 0.10 per basic share, for the same period ended June 30, 2014. Revenue was RMB 4.74 billion, compared to RMB 5.26 billion for the same period ended June 30, 2014. Profit before tax was RMB 696.79 million, compared to RMB 722.36 million for the same period ended June 30, 2014.

China BlueChemical Ltd Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

China BlueChemical Ltd. announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of RMB 4,745,343,000 against RMB 5,263,729,000 a year ago. Profit before tax was RMB 696,795,000 against RMB 722,356,000 a year ago. Profit for the period attributable to owners of the parent was RMB 504,984,000 against RMB 447,528,000 a year ago. Basic earnings per share attributable to ordinary owners of the parent were RMB 0.11 against RMB 0.10 a year ago. For the reporting period, the net cash inflow from operating activities was RMB 571.8 million. During the reporting period, the Group's capital expenditure in respect of acquisitions, property, plant and equipment as well as prepaid land lease payments amounted to RMB 389.2 million. The company’s capital expenditure primarily included RMB 356.0 million for the Huahe 520,000 tonnes/year Urea Project; and an investment of RMB 33.2 million for upgrades and equipment purchases for production plants.


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