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Last $0.18 SGD
Change Today 0.00 / 0.00%
Volume 0.0
DLNG On Other Exchanges
As of 3:58 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

delong holdings ltd (DLNG) Snapshot

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08/7/14 - $0.29
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delong holdings ltd (DLNG) Details

Delong Holdings Limited, an investment holding company, manufactures and sells hot-rolled steel coils and billets primarily in the People’s Republic of China and Singapore. The company is also involved in procurement and sale of iron ore; coal gas recycling activities; financial leasing activities, such as purchase and lease of equipment; and design, development, manufacture, and sale of large diameter steel mill rollers and large cast steel articles. In addition, it trades in steel and steel-related products; and invests in steel-related and resource related projects. Delong Holdings Limited’s products are primarily used in the infrastructure, pipe-making, and machinery industries. The company is headquartered in Beijing, the People’s Republic of China. Delong Holdings Limited is a subsidiary of Best Decade Holdings Limited.

delong holdings ltd (DLNG) Top Compensated Officers

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delong holdings ltd (DLNG) Key Developments

Delong Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Delong Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company reported sales of RMB 1,629,442,000 against RMB 2,386,105,000 for the same period in the last year. Loss before tax was RMB 95,119,000 against RMB 64,446,000 for the same period in the last year. Net loss attributable to equity holders of the company was RMB 82,317,000 or RMB 0.15 per basic and diluted share against RMB 65,025,000 or RMB 0.12 per basic and diluted share for the same period in the last year. Net cash generated from operating activities was RMB 615,691,000 against net cash used in operating activities of RMB 252,801,000 for the same period in the last year. Payments for property, plant and equipment were RMB 146,181,000 against RMB 78,774,000 for the same period in the last year. The decrease in revenue was principally attributed to a significant decrease in the average selling prices of Hot Rolled Coils and lower sales volume due to low demand for the entire industry in first quarter of 2015.

Delong Holdings Limited Provides Earnings Guidance for the First Quarter of 2015

Delong Holdings Limited announced that following a preliminary review of the unaudited results for the first quarter ended 31 March 2015, the company expects to report a net loss for the first quarter of 2015. The anticipated net loss is due to (i) weaker steel prices; and (ii) lower sales volume.

Delong Holdings Limited to Report Q1, 2015 Results on May 08, 2015

Delong Holdings Limited announced that they will report Q1, 2015 results on May 08, 2015


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