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shandong molong pet-unsp adr (SHANY) Snapshot

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EX-Date
06/11/13
P/E TM
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Dividend
$0.16
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Current Stock Chart for SHANDONG MOLONG PET-UNSP ADR (SHANY)

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shandong molong pet-unsp adr (SHANY) Details

Shandong Molong Petroleum Machinery Co., Ltd. engages in the design, research and development, processing, manufacture, and sale of petroleum machinery primarily in the People’s Republic of China. The company operates through four segments: Casing and Tubing, Three Kinds of Pumping Units, Petroleum Machinery, and Others. Its products include tubing, casing, special seamless tubes, sucker rods, sub-surface sucker rod pumps, pump units, fluid injection pumps, various down hole tools, etc.; precision and other steel; speed reducers; and industrial valves. The company offers oil well pumps, oil well sucker rods, oil pumping machinery, oil pumping pipes, petroleum machinery, textile machinery, petroleum equipment and accessories, high pressure isolation switches, high pressure electrical appliances, related electrical equipment, and metal material specialized for petroleum use. It is also involved in the warehousing an loading of goods; provision of information service on commodities; processing and sale of alloy accessories; trade and sale of scrap metals; and acquisition and sale of petroleum extraction and chemical machinery electric equipment. The company exports its petroleum machinery and accessories to the United States, Canada, Russia, India, the Middle East, Middle Asia, Africa, and South America. Shandong Molong Petroleum Machinery Co., Ltd. was founded in 2001 and is headquartered in Shouguang City, China.

Founded in 2001

shandong molong pet-unsp adr (SHANY) Top Compensated Officers

Co-Founder, Vice Chairman, General Manager, C...
Total Annual Compensation: CNY586.6K
Founder, Chairman and Head of Strategic Plann...
Total Annual Compensation: CNY701.9K
Co-Founder and Executive Director
Total Annual Compensation: CNY301.0K
Chairman of the Supervisory Committee
Total Annual Compensation: CNY72.7K
Compensation as of Fiscal Year 2012.

shandong molong pet-unsp adr (SHANY) Key Developments

Shandong Molong Petroleum Machinery Co. Ltd. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Shandong Molong Petroleum Machinery Co. Ltd. announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported total revenue from operations of RMB 2,272,034,335.20 against RMB 2,952,063,832.16 a year ago. Operating loss was RMB 217,501,828.14 against operating profit of RMB 116,715,672.57 a year ago. Total loss was RMB 203,717,361.31 against total profit of RMB 140,166,177.34 a year ago. Basic diluted loss per share was RMB 0.22 against basic and diluted earnings per share of RMB 0.17 a year ago. Capital expenditure was RMB 460,056,878.79 compared to RMB 317,708,861.59 reported a year ago.

Shandong Molong Petroleum Machinery Co., Ltd. Omits to Pay Final Dividend for the Year Ended December 31, 2013

The Board of Shandong Molong Petroleum Machinery Co., Ltd. does not recommend any payment of final dividend in respect of the year ended December 31, 2013 compared to final dividend of RMB 0.05 in 2012, which is proposed and is subject to approval by the shareholders in general meeting.

Shandong Molong Petroleum Machinery Co., Ltd., Board Meeting, Mar 28, 2014

Shandong Molong Petroleum Machinery Co., Ltd., Board Meeting, Mar 28, 2014., at 09:00 China Standard Time. Agenda: To approve the release of the annual results of the company and its subsidiaries for the year ended December 31, 2013; and to consider the payment of a final dividend (if any).

 

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