Last $0.04 SGD
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Volume 71.0K
LUBC On Other Exchanges
Symbol
Exchange
Singapore
As of 5:04 AM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

luzhou bio-chem technology (LUBC) Snapshot

Open
$0.03
Previous Close
$0.04
Day High
$0.04
Day Low
$0.03
52 Week High
10/10/13 - $0.08
52 Week Low
08/12/14 - $0.03
Market Cap
14.7M
Average Volume 10 Days
32.8K
EPS TTM
$-0.72
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, 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 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

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luzhou bio-chem technology (LUBC) Key Developments

Luzhou Bio-chem Technology Limited Reports Unaudited Group Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Luzhou Bio-chem Technology Limited reported unaudited group earnings results for the second quarter and six months ended June 30, 2014. For the quarter, revenue was RMB 565,382,000 against RMB 842,340,000 a year ago. Loss before taxation was RMB 180,711,000 against RMB 34,169,000 a year ago. Loss attributable to owners of the company was RMB 180,711,000 or 45.6 cents per basic and diluted share against loss attributable to owners of the company of RMB 35,316,000 or 406.7 cents per basic and diluted share a year ago. Net cash generated from operating activities was RMB 32,292,000 against net cash used in operating activities of RMB 12,786,000 a year ago. Purchase of plant and equipment was RMB 9,627,000 against RMB 18,857,000 a year ago. The Group's revenue decreased by 32.9%, this was due mainly to decreases in both the selling prices and the sales volume of Group's corn refining products. For the six months, revenue was RMB 1,170,437,000 against RMB 1,639,707,000 a year ago. Loss before taxation was RMB 223,496,000 against RMB 46,370,000 a year ago. Loss attributable to owners of the company was RMB 223,496,000 or 56.4 cents per basic and diluted share against loss attributable to owners of the company of RMB 50,519,000 or 12.8 cents per basic and diluted share a year ago. Net cash generated from operating activities was RMB 19,522,000 against net cash used in operating activities of RMB 38,125,000 a year ago. Purchase of plant and equipment was RMB 14,806,000 against RMB 34,086,000 a year ago.

Luzhou Bio-Chem Technology Limited Provides Earnings Guidance for the Second Quarter Ended June 30, 2014

Luzhou Bio-chem Technology Limited provides earnings guidance for the second quarter ended June 30, 2014. For the period based on an initial assessment of the management accounts, the Board of Directors advised shareholders that the company and its subsidiaries is expected to report a net loss.

Luzhou Bio-chem Technology Limited to Report Q2, 2014 Results on Aug 14, 2014

Luzhou Bio-chem Technology Limited announced that they will report Q2, 2014 results on Aug 14, 2014

 

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