Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.80 HKD
Change Today -0.03 / -3.61%
Volume 6.6M
988 On Other Exchanges
Symbol
Exchange
Hong Kong
OTC US
OTC US
Frankfurt
As of 4:01 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

loudong general nice resourc (988) Snapshot

Open
$0.83
Previous Close
$0.83
Day High
$0.83
Day Low
$0.75
52 Week High
06/8/15 - $2.20
52 Week Low
07/8/15 - $0.41
Market Cap
2.7B
Average Volume 10 Days
7.5M
EPS TTM
$-0.15
Shares Outstanding
3.4B
EX-Date
05/25/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LOUDONG GENERAL NICE RESOURC (988)

Related News

No related news articles were found.

loudong general nice resourc (988) Related Businessweek News

No Related Businessweek News Found

loudong general nice resourc (988) Details

Loudong General Nice Resources (China) Holdings Limited, an investment holding company, engages in coal processing and production of metallurgical coke and by-products in the People’s Republic of China and internationally. It operates through three segments: Coke Manufacturing, Commodities Trading, and Oil. The Coke Manufacturing segment produces and sells metallurgical coke from the coke plant. The Commodities Trading segment trades commodities purchased from other manufacturers. The Oil segment engages in the exploration and production of oil, and provision of well services. It is also involved in manufacturing relevant chemicals; and investing in properties. The company was formerly known as The Suns Group Limited and changed its name to Loudong General Nice Resources (China) Holdings Limited in 2009. The company was incorporated in 1993 and is headquartered in Causeway Bay, Hong Kong.

960 Employees
Last Reported Date: 04/28/15
Founded in 1993

loudong general nice resourc (988) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $650.0K
Chairman and Chairman of Nomination Committee
Total Annual Compensation: --
Executive Director and Member of Executive Co...
Total Annual Compensation: $1.6M
Executive Director and Member of Executive Co...
Total Annual Compensation: $1.0M
Deputy Chairman, Member of Executive Committe...
Total Annual Compensation: $650.0K
Compensation as of Fiscal Year 2014.

loudong general nice resourc (988) Key Developments

Loudong General Nice Resources (China) Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2015

Loudong General Nice Resources (China) Holdings Limited provided earnings guidance for the six months ended June 30, 2015. The board of directors of the Company announced that, based on the preliminary review of the consolidated management accounts of the Group, it is expected that the Group may record a significant loss for the six months ended June 30, 2015 as compared to the profit recorded for the six months ended June 30, 2014. The market selling price of metallurgical coke products in the first half of 2015 had continuously been decreasing, amidst a slowing global economy and a tepid domestic market in China; and the income tax expense aroused from the trading segment, together with significant provision on receivables and prepayments due to the struggling coal and coke industry. As a result of the aforesaid reasons, the Group's financial performance for the six months ended June 30, 2015 has been adversely affected.

Loudong General Nice Resources (China) Holdings Limited, Special/Extraordinary Shareholders Meeting, Jul 04, 2015

Loudong General Nice Resources (China) Holdings Limited, Special/Extraordinary Shareholders Meeting, Jul 04, 2015., at 10:30 China Standard Time. Location: 9/F, Infinitus Plaza. Agenda: To approve confirm and ratify the subscription agreement dated May 18, 2015 entered into between the company and China Huarong International Holdings Limited in relation to the subscription of convertible bonds for an aggregate principal amount of HKD 400,000,000 issued by the company and the transactions contemplated thereunder; to grant the specific mandate to the directors to issue and allot the new shares of the company upon conversion of the convertible bonds; and to authorize the directors of the company to do all such things and take all such steps relating thereto as set out in the notice convening the meeting.

Loudong General Nice Resources (China) Holdings Limited, Special/Extraordinary Shareholders Meeting, Jun 18, 2015

Loudong General Nice Resources (China) Holdings Limited, Special/Extraordinary Shareholders Meeting, Jun 18, 2015., at 11:00 China Standard Time. Location: Lingnan Club, 13th Floor. Agenda: To consider the amount of HKD 913,334,523.41 standing to the credit of the share premium account of the company, representing the entire amount standing to the credit of the share premium account of the company as at 31 December 2014, be reduced, and the credit arising therefrom be applied towards offsetting part of the accumulated losses of the company in the sum of HKD 913,334,523.41; and to consider the directors of the company be and are hereby authorized to take such actions as may in the opinion of the directors of the company be necessary or desirable to give effect to the share premium reduction.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
988:HK $0.80 HKD -0.03

988 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 988.
View Industry Companies
 

Industry Analysis

988

Industry Average

Valuation 988 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LOUDONG GENERAL NICE RESOURC, please visit www.ldgnr.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.