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anhui tianda oil pipe co - h (839) Snapshot

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anhui tianda oil pipe co - h (839) Details

Anhui Tianda Oil Pipe Company Limited designs, manufactures, and sells specialized seamless pipes for the oil and natural gas industry in Mainland China and internationally. The company provides oil well pipe products, such as casings, oil pipes, drill stems, kelly stems, and drill collars. It also offers seamless tubes for oil and natural gas conveying and refining industry; boiler, air bottle, and ship pipes; and automotive and mechanical structure, and hydraulic prop pipes. In addition, the company provides stainless steel pipes for petroleum, chemical, medical, food, and light industries, as well as for machinery and other industrial pipeline instrumentation, and mechanical structural components. Further, it offers special pipes, such as shaped and transmission fluid seamless steel, sulfur and seawater corrosion resistant special, alloy, scaling, grooved, and allotype seamless steel pipes; and cryotron and weathering steel products. The company was founded in 1993 and is based in Kowloon, Hong Kong.

Founded in 1993

anhui tianda oil pipe co - h (839) Top Compensated Officers

Deputy Chairman, Chief Executive Officer, Gen...
Total Annual Compensation: CNY479.0K
Chairman
Total Annual Compensation: CNY479.0K
Chief Financial Officer, Deputy General Manag...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

anhui tianda oil pipe co - h (839) Key Developments

Anhui Tianda Oil Pipe Company Limited Reports Unaudited Production and Sales Results for the First Quarter of 2015

Anhui Tianda Oil Pipe Company Limited reported unaudited production results for the first quarter of 2015. For the quarter, the company reported production volume of 152,070 tonnes compared to 156,320 tonnes a year ago. The company reported sales results for the first quarter of 2015. For the quarter, the company reported total sales volume of 140,590 tonnes compared to 120,460 tonnes a year ago.

Anhui Tianda Oil Pipe Company Limited Recommends Final Dividend and Special Dividend for the Year Ended December 31, 2014, Payable on or About June 30, 2015; Announces Audited Consolidated Earnings and Production Results for the Year Ended Dec. 31, 2014

Anhui Tianda Oil Pipe Company Limited announced that the board has recommended the payment of a final dividend of 4 RMB cents per share (inclusive of tax) and a special dividend of 12 RMB cents per share (inclusive of tax) in respect of the year ended 31 December 2014. Dividends payable to holders of domestic shares will be paid in RMB, while dividends payable to holders of H shares will be paid in Hong Kong dollars. The final dividends and special dividends are expected to be paid on or about 30 June 2015 to the shareholders whose names appear on the register of members of the Company on 26 May 2015 subject to the approval at the annual general meeting on 15 May 2015. The company announced audited consolidated earnings results for the year ended Dec. 31, 2014. For the year, the company reported revenue of RMB 2,881,955,000, profit before tax of RMB 77,416,000, profit attributable to owners of the parent of RMB 57,779,000 or 5.73 RMB cents per basic and diluted share, net cash flows from operating activities of RMB 129,090,000 compared to the revenue of RMB 3,309,690,000, profit before tax of RMB 66,362,000, profit attributable to owners of the parent of RMB 49,285,000 or 4.89 RMB cents per basic and diluted share, net cash flows from operating activities of RMB 424,679,000 for the previous year. The decrease in revenue was mainly attributable to the factors including the market supply in excess of demand, the fierce market competition and the decrease in average selling price per tonne of product from approximately RMB 4,475 in 2013 to approximately RMB 4,239 in 2014, representing a decrease of approximately 5.3%, as a result of decrease in average pricing of raw material steel, as well as the decrease in sales volumes from 739,620 tonnes in 2013 to 679,790 tonnes in 2014, representing a decrease of approximately 8.1%. The increase in net profit was mainly due to the fact that the average profitability of products was increased as a result of the research and development of new products and the optimizing adjustment of product mix and client bases structure; and the Group strengthens the cost control and financial risk management which improve the efficiency in utilization of fund and the overall operating efficiency. The company reported production results for the full year ended December 31, 2014. The Group achieved a total production of about 694,390 tonnes, representing a decrease of approximately 5.2% as compared to 2013 and achieved total sales of about 679,790 tonnes, representing a decrease of approximately 8.1% as compared to 2013.

Anhui Tianda Oil Pipe Company Limited to Report Fiscal Year 2014 Results on Mar 23, 2015

Anhui Tianda Oil Pipe Company Limited announced that they will report fiscal year 2014 results on Mar 23, 2015

 

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