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shengli oil&gas pipe holding (1080) Snapshot

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shengli oil&gas pipe holding (1080) Details

Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, is engaged in the manufacture, processing, and sale of welded steel pipes for oil and gas pipelines, and other construction and manufacturing applications in the People’s Republic of China. The company operates through three segments: Spiral Submerged Arc Welded Pipe Operation (SSAW Pipes Business), Cold-Formed Section Steel Operation (Cold-Formed Section Steel Business), and Trading of Metal Commodity. The SSAW Pipes Business segment produces spiral submerged arc welded pipes primarily used to transport crude oil, refined petroleum products, natural gas, and other related products. The Cold-Formed Section Steel Business segment produces cold-formed section steel products used in the infrastructure industry, and the manufacture of automobiles and freight containers. The Trading of Metal Commodity segment is involved in the trade of aluminum ingots and aluminum oxide. The company is also engaged in the equity investment, investment management, and investment consultation; manufacture and sale of pipe components; and provision of anti-corrosion services. Shengli Oil & Gas Pipe Holdings Limited is headquartered in Zibo, the People’s Republic of China.

1,362 Employees
Last Reported Date: 04/27/15

shengli oil&gas pipe holding (1080) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: CNY688.0K
Vice President
Total Annual Compensation: CNY1.1M
Vice President and Executive Director
Total Annual Compensation: CNY594.0K
Vice President
Total Annual Compensation: CNY534.0K
Vice President and Executive Director
Total Annual Compensation: CNY534.0K
Compensation as of Fiscal Year 2014.

shengli oil&gas pipe holding (1080) Key Developments

Shengli Oil & Gas Pipe Holdings Limited Announces Consolidated Audited Earnings Results for the Full Year Ended December 31, 2014

Shengli Oil & Gas Pipe Holdings Limited announced consolidated audited earnings results for the full year ended December 31, 2014. For the year, the company reported revenue of RMB 2,009,062,000 against RMB 2,556,717,000 a year ago. Loss before tax was RMB 232,197,000 against profit of RMB 24,080,000 a year ago. Loss was RMB 239,745,000 against profit of RMB 12,381,000 a year ago. Loss attributable to owners of the company was RMB 219,176,000 against profit of RMB 17,826,000 a year ago. Loss per diluted share was 8.72 cents against earnings per diluted share of 0.72 cents a year ago. Capital expenditure related (purchase of property, plant and equipment) was 95,930,000 against RMB 225,643,000 a year ago.

Shengli Oil & Gas Pipe Holdings Limited Not Recommends Payment of Final Dividend for the Year Ended December 31, 2014

Shengli Oil & Gas Pipe Holdings Limited announced that the Board does not recommend the payment of final dividend for the year ended 31 December 2014 compared to RMB 0.125 cent per share a year ago.

Shengli Oil & Gas Pipe Holdings Limited Announces Executive Changes

With effect from 23 March 2015, the Board of Shengli Oil & Gas Pipe Holdings Limited announced that Mr. Wang Xueyou resigned from his office as members of the Audit Committee and the Nomination Committee and Mr. Wu Geng has been appointed as members of the Audit Committee and the Nomination Committee.

 

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