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Last €0.28 EUR
Change Today +0.003 / 1.06%
Volume 0.0
YCK On Other Exchanges
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As of 7:10 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

chu kong petroleum & natural (YCK) Snapshot

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chu kong petroleum & natural (YCK) Details

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited, an investment holding company, is engaged in the manufacture and sale of longitudinal welded steel pipes. The company offers longitudinal submerged arc-welded, spiral submerged arc-welded, and electric resistance welded steel pipes. It also provides manufacturing service for processing raw materials into steel pipes; and produces and sells petro fittings, oil country tubular goods, and steel pipe equipment and metallurgy equipment, as well as polymers. In addition, the company offers steel pipe casing and lining services. It offers steel pipes for use in energy transmission comprising oil and gas transmission pipelines, deep sea pipelines, city gas networks, and petrochemicals, as well as mining, infrastructure construction, steel structures, and water utilities industries. The company sells its products in Mainland China, the United States, the European Union, the Middle East, other Asian countries, and internationally. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited was founded in 1993 and is headquartered in Guangzhou, the People’s Republic of China.

3,892 Employees
Last Reported Date: 04/15/15
Founded in 1993

chu kong petroleum & natural (YCK) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: CNY2.7M
Administration Director and Executive Directo...
Total Annual Compensation: CNY1.3M
Marketing Director and Executive Director
Total Annual Compensation: CNY1.3M
Compensation as of Fiscal Year 2013.

chu kong petroleum & natural (YCK) Key Developments

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited Wins Sales Contract Worth RMB 812 Million for the Supply of Steel Pipes

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited announced that the group has recently been awarded another sales contract by Odebrecht E&P GmbH for supplying an aggregate of 111,800 tonnes of longitudinal submerged arc welded and electric resistance welded steel pipes, worth approximately RMB 812 million, for its gas project in Peru. The steel pipes under the Sales Contract are expected to be delivered to the Customer between 2015 and 2016. The Sales Contract is the second order made by the Customer. Together with the order of 57,700 tonnes of the steel pipes as announced on 24 November 2014, the company has received orders to deliver a total of 169,500 tonnes of the steel pipes, worth approximately RMB 1,225 million for this gas project in Peru from the Customer.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2014. Revenue was RMB 2,679,188,000 against RMB 2,027,057,000 last year. Loss before tax was RMB 352,763,000 against profit before tax of RMB 81,901,000 last year. Loss attributable to owners of the parent was RMB 359,247,000 or RMB 0.36 per basic and diluted share against profit of RMB 41,471,000 or RMB 0.04 per basic and diluted share last year. Capital expenditure was RMB 1,001,696,000 against RMB 1,628,200,000 last year. The group's net cash flows from operating activities changed from an outflow of approximately RMB 559.9 million in 2013 to an inflow of approximately RMB 122.2 million in 2014. The net cash inflows from operating activities were primarily due to the combined effect of (i) decrease in inventories; and (ii) increases in trade and bills receivables, prepayments, deposits and other receivables, trade and bills payables and other payables and accruals.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited to Report Fiscal Year 2014 Results on Mar 31, 2015

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited announced that they will report fiscal year 2014 results on Mar 31, 2015


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