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Last $0.03 SGD
Change Today 0.00 / 0.00%
Volume 100.0
As of 9:00 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

luzhou bio-chem technology (LUBC) Snapshot

Open
$0.03
Previous Close
$0.03
Day High
$0.03
Day Low
$0.03
52 Week High
05/25/15 - $0.06
52 Week Low
03/30/15 - $0.01
Market Cap
11.1M
Average Volume 10 Days
147.6K
EPS TTM
$-0.73
Shares Outstanding
396.0M
EX-Date
05/6/13
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LUZHOU BIO-CHEM TECHNOLOGY (LUBC)

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luzhou bio-chem technology (LUBC) Details

Luzhou Bio-Chem Technology Limited, an investment holding company, produces and distributes maltose-related products and other corn sweeteners in the People’s Republic of China and internationally. It offers starch sugar products comprising starch sugar syrups, such as high fructose and maltose syrups, liquid glucose, super high maltose syrup, malto-oligosaccharide syrup, maltose syrup for beer, and isomalto-oligosaccharide syrups; and starch sugar powder products, including milk essence, maltodextrin, dextrose powder, malto-oligosaccharide, maltodextrin for milk, and isomalto-oligosaccharide powders. The company also offers starch and starch by-products, which consist of corn starch, steepwater, corn fiber, corn germ, corn gluten meal, and meal fiber. In addition, it produces high-protein animal feeds. Further, the company is involved in the provision of engineering services; construction of industrial machinery and equipment; and production and sale of sugar alcohol, corn oil, and amino acids. Its products are used as additives or ingredients in the manufacture of products in food and beverage, fermentation, medical, and pharmaceutical sectors. The company was founded in 1988 and is headquartered in Yishui, the People’s Republic of China.

Founded in 1988

luzhou bio-chem technology (LUBC) Top Compensated Officers

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Executives, Board Directors

luzhou bio-chem technology (LUBC) Key Developments

Luzhou Bio-chem Technology Limited Announces its Registered Office Address Change

The Board of Directors of Luzhou Bio-chem Technology Limited announced that due to local city zoning plans, the Group has been requested by the local government to relocate its wholly-owned subsidiary, Luzhou Bio-chem Technology (Shandong) Co. Ltd. together with the Group's headquarters, at No. 18 Luzhou Road, Yishui County, Linyi City, Shandong Province by mid-2016. The Group intends to relocate Luzhou Shandong and the Group's headquarters, comprising office, production facility, warehouse and research and development facilities, to the Economic Development Zone, Yishui County, Linyi City, Shandong Province. The Group expects to receive compensation for its fixed assets but the amount has not been confirmed by the local government and negotiations are ongoing. Based on preliminary estimates, the construction of the new headquarters and production facility is expected to require capital investment of approximately RMB 250 million. The Group intends to carry out the relocation progressively in order to minimise the disruption to its production facility. The proposed relocation is not expected to have a material impact on the financial statements for the current financial year ending December 31, 2015.

Luzhou Bio-chem Technology Limited Relocates its Existing Premises and Head Quarters

The Board of Directors of Luzhou Bio-chem Technology Limited announced that due to local city zoning plans, the Group has been requested by the local government to relocate its wholly-owned subsidiary, Luzhou Bio-chem Technology (Shandong) Co. Ltd. together with the Group's headquarters, at No. 18 Luzhou Road, Yishui County, Linyi City, Shandong Province by mid-2016. The Existing Premises is sited on land which belongs to Shandong Luzhou Food Group Co. Ltd., an associate of Niu Ji Xing, the Company's Executive Chairman and Chief Executive Officer, and is leased by Luzhou Shandong. The Group intends to relocate Luzhou Shandong and the Group's headquarters, comprising office, production facility, warehouse and research and development facilities, to the Economic Development Zone, Yishui County, Linyi City, Shandong Province. The Group expects to receive compensation for its fixed assets but the amount has not been confirmed by the local government and negotiations are ongoing. Based on preliminary estimates, the construction of the new headquarters and production facility is expected to require capital investment of approximately RMB 250 million. The Group intends to carry out the relocation progressively in order to minimise the disruption to its production facility.

Luzhou Bio-chem Technology Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Luzhou Bio-chem Technology Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company's revenue was RMB 570,590,000 against RMB 605,055,000 a year ago. Profit before taxation was RMB 10,411,000 against loss of RMB 2,785,000 a year ago. Profit for the period and total comprehensive income was RMB 8,908,000 or 2.2 cents basic and diluted per share against loss of RMB 42,785,000 or 10.8 cents basic and diluted per share a year ago. Net cash generated from operating activities was RMB 67,499,000 against net cash generated used in operating activities of RMB 12,770,000 a year ago. Purchase of plant and equipment was RMB 7,689,000 against RMB 5,179,000 a year ago. The Group is cautiously optimistic favorable conditions shall continue and barring unforeseen circumstances, the group is positive of its business outlook in 2015.

 

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