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Last €0.12 EUR
Change Today +0.01 / 9.26%
Volume 0.0
YCK On Other Exchanges
Symbol
Exchange
YCK is not on other exchanges.
As of 3:00 AM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

chu kong petroleum & natural (YCK) Snapshot

Open
€0.12
Previous Close
€0.11
Day High
€0.12
Day Low
€0.12
52 Week High
04/13/15 - €0.31
52 Week Low
08/25/15 - €0.11
Market Cap
119.3M
Average Volume 10 Days
950.0
EPS TTM
--
Shares Outstanding
1.0B
EX-Date
06/16/15
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CHU KONG PETROLEUM & NATURAL (YCK)

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chu kong petroleum & natural (YCK) Details

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited, an investment holding company, manufactures, sells, and exports longitudinal welded steel pipes; and provides manufacturing services for processing raw materials into steel pipes. Its welded steel pipe products include longitudinal submerged arc-welded, spiral submerged arc-welded, and electric resistance welded steel pipes. The company also manufactures and sells petro fittings, oil country tubular goods, tubular piles, and screw-thread steels; and provides steel pipe casing and lining services. In addition, it is involved in the market management of steel products. The company’s steel pipes are primarily used for energy transmission, including oil and gas transmission pipelines, deep sea pipelines, city gas networks, and petrochemicals, as well as in mining, infrastructure construction, offshore engineering, steel structures, and water utilities industries. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited sells its products in Mainland China and other Asian countries; the United States; European Union; the Middle East; Oceania; and internationally. The company was founded in 1993 and is headquartered in Guangzhou, the People’s Republic of China. Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited is a subsidiary of Bournam Profits Limited.

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: CNY2.6M
Administration Director and Executive Directo...
Total Annual Compensation: CNY1.2M
Marketing Director and Executive Director
Total Annual Compensation: CNY1.2M
Compensation as of Fiscal Year 2014.

chu kong petroleum & natural (YCK) Key Developments

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2015

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited provided earnings guidance for the six months ended June 30, 2015. For the period, the company is expected that the Company would report a consolidated net loss, as compared to the consolidated net profit of RMB 70.6 million recorded for the six months ended 30 June 2014. It is mainly attributable to (i) a drop in the domestic sales primarily attributable to the delay in the bidding process of pipeline projects in the PRC due to the aftermath caused by the government's anti-corruption movement; (ii) a decrease in fair value gains on the Group's investment properties; and (iii) a decrease in government subsidies granted in relation to the Group's investment in Lianyungang.

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited Wins Sales Contract for Supply of 15,000 Tonnes of Structure Pipes

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited announce that the company has recently been awarded a sales contract by Offshore Oil Engineering (Zhuhai) Co Ltd. being a subsidiary of China National Offshore Oil Corporation an independent third party, for supplying approximately 15,000 tonnes of structure pipes for its offshore drilling platforms in the Gulf of Thailand. Under the terms of the sales contract, the structure pipes are expected to be delivered to the customer in 2015. The sales contract is the second order made to the company by the customer.

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.

 

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