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As of 7:58 PM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

sunpower group ltd (SPWG) Snapshot

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04/24/14 - $0.17
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10/31/14 - $0.12
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sunpower group ltd (SPWG) Details

Sunpower Group Ltd., an investment holding company, is engaged in the research and development, design, manufacture, and sale of customized energy saving and environmental protection products and solutions. It offers heat exchangers and pressure vessels for completing the reaction, heat transfer, separation, and storage during the process of industrial production; and heat pipes and heat-pipe exchangers used to recover residual heat in the petrochemical, steel, and chemical projects, as well as to protect the permafrost foundation in the construction of roads, railways, and oil pipelines. The company provides pipe supports and thermal insulation materials/engineering to provide heat isolation from the environmental temperature change and minimise losses during transmission; and thermal insulation engineering is to provide engineering, fabrication, procurement, installation, and renovation for energy conservation projects of cold and cryogenic applications. In addition, it offers energy-saving and environmental protection systems comprising flare-gas recovering systems that are used to recover useful petrochemical by-products contained in flare gas or waste gas generated in a petrochemical refinery during the production process; sulfur recovery systems for oil refining, natural gas, and coal chemical industries; and Zero Liquid Discharge systems for salty wastewater treatment and flare system. Further, the company designs, manufactures, and sells pipe racks and hangers; and provides technical and consultation services. It serves petrochemical, chemical, polysilicon, coal chemical, pharmaceutical, tobacco, liquefied natural gas, sulfur recovery, metallurgical, and transportation industries primarily in the United States, Europe, Australia, Southeast Asia, South Asia, Central Asia, South America, North America, and the Middle East. The company was founded in 1997 and is headquartered in Nanjing, China.

Founded in 1997

sunpower group ltd (SPWG) Top Compensated Officers

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sunpower group ltd (SPWG) Key Developments

Sunpower Group Ltd. expected to report Fiscal Year 2014 results on March 4, 2015. This event was calculated by Capital IQ (Created on February 26, 2015).

Sunpower Group Ltd. expected to report Fiscal Year 2014 results on March 4, 2015. This event was calculated by Capital IQ (Created on February 26, 2015).

Sunpower Group Ltd. Announces Re-designation of Ge Cui Ping as Financial Controller to Chief Financial Officer

The Board of Directors of Sunpower Group Ltd. announced that the existing Financial Controller of the group, Ms. Ge Cui Ping, has been re-designated as Chief Financial Officer of the group with effect from 13 February 2015.

Sunpower Group Ltd. Reports Unaudited Group Earnings Results for the Year Ended December 31, 2014

Sunpower Group Ltd. reported unaudited group earnings results for the year ended December 31, 2014. For the year, the company reported revenue of RMB 1,235,162,000 compared to RMB 1,302,577,000 a year ago. Profit before income tax was RMB 72,017,000 compared to RMB 68,151,000 a year ago. Profit attributable to equity holders of the company was RMB 56,084,000 or 15.11 RMB cents per basic share compared to RMB 53,821,000 or 16.36 RMB cents per basic share a year ago. Net cash from operating activities was RMB 27,235,000 compared to RMB 17,249,000 a year ago. Purchase of property, plant and equipment was RMB 43,931,000 compared to RMB 70,610,000 a year ago. Acquisition of intangible asset was nil compared to RMB 3,111,000 a year ago. The Group's revenue decreased by RMB 67.4 million or 5.2% mainly due to the decrease in revenue from the Heat Exchangers and Pressure Vessels segment of RMB 159.3 million which outweighed the increase in Energy Saving and Environmental Protection Systems segment of RMB 81.2 million. The Group's profit before tax increased 5.7% mainly due to absence of impairment allowance on property, plant and equipment of RMB 5.7 million, which was mainly made by the Group's suspension of its unprofitable foam glass production business and reduction in impairment allowance on trade and non-trade receivables of RMB 7.7 million.


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