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Last €0.45 EUR
Change Today -0.002 / -0.45%
Volume 0.0
V1U On Other Exchanges
As of 5:18 AM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

technics oil & gas ltd (V1U) Snapshot

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52 Week High
06/6/14 - €0.52
52 Week Low
10/23/14 - €0.23
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Current Stock Chart for TECHNICS OIL & GAS LTD (V1U)

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technics oil & gas ltd (V1U) Details

Technics Oil & Gas Limited operates as an integrator of compression systems and process modules for oil and gas customers. The company’s Engineering, Procurement, Construction and Commissioning segment engages in the design, procurement, fabrication, installation, and commissioning of process modules and equipment for oil and gas production on a turnkey project basis. Its Contract Engineering segment designs, procures, and fabricates modules, systems, and equipment for the oil and gas industry. The company’s Procurement Services segment provides after-sales services; supplies spare parts and equipment, such as specialized valves and measuring equipment for oil and gas exploration and production; and offers repair and maintenance services to oil and gas industry, as well as engages in the equipment leasing business. Technics Oil & Gas Limited also designs, engineers, integrates, tests, and supplies turbo machinery control for the oil and gas, power, and general industries; provides oil gas supply, aerospace repair, and OEM manufacturing services; and manufactures medical equipment. In addition, the company offers repair, maintenance, fabrication, and other auxiliary services for visiting vessels through its offshore supply base; leases or rents gas compressor packages; and offers operations and maintenance services, as well as technological consultancy services. It has operations in Singapore, rest of ASEAN countries, Australia, the People’s Republic of China, Germany, Taiwan, the United Kingdom, Sultanate of Oman, and the United States. The company was founded in 1990 and is headquartered in Singapore.

350 Employees
Last Reported Date: 01/16/15
Founded in 1990

technics oil & gas ltd (V1U) Top Compensated Officers

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technics oil & gas ltd (V1U) Key Developments

Technics Oil & Gas Limited Wins Contract Worth of SGD 5.1 Million

Technics Oil & Gas Limited announced that it has been awarded contract worth of SGD 5.1 million. Technics Steel (TNST) had successfully secured an EPCI contract for fabrication of steel structure and TNST was incorporated in 21 Nov. 2013 which was managed by two vast experience personnel in structure and armed with Engineering Doctorate expertise. These contracts are expected to have positive material impact on the earnings per share for the financial year ending September 2015.

Technics Oil & Gas Limited Secures Contracts Worth SGD 6 Million in Malaysia

Technics Oil & Gas Limited has secured contracts worth of SGD6 million to supply process and rotating equipment to Malaysia customers.

Technics Oil & Gas Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014

Technics Oil & Gas Limited reported unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported revenue of SGD 18,565,000 compared to SGD 15,700,000 a year ago. Profit before tax from continuing operations was SGD 367,000 compared to SGD 334,000 a year ago. Loss attributable to owners of parent, net of tax was SGD 593,000 compared to profit attributable to owners of parent, net of tax of SGD 343,000 a year ago. Net cash flows from operating activities were SGD 168,000 compared to SGD 2,178,000 a year ago. Purchase of property, plant and equipment was SGD 433,000 compared to SGD 3,861,000 a year ago. The increase in revenue due to an increase in the contributions from the subsidiaries and with a higher gross profit margin of 41% as compared to 32% a year ago.


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