Last $0.72 SGD
Change Today 0.00 / 0.00%
Volume 1.9M
TGH On Other Exchanges
Symbol
Exchange
Singapore
Berlin
Taiwan
As of 4:04 AM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

technics oil & gas ltd (TGH) Snapshot

Open
$0.73
Previous Close
$0.72
Day High
$0.74
Day Low
$0.72
52 Week High
05/29/14 - $0.90
52 Week Low
02/4/14 - $0.61
Market Cap
169.2M
Average Volume 10 Days
1.7M
EPS TTM
$-0.03
Shares Outstanding
234.9M
EX-Date
07/30/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TECHNICS OIL & GAS LTD (TGH)

Related News

No related news articles were found.

technics oil & gas ltd (TGH) Related Businessweek News

No Related Businessweek News Found

technics oil & gas ltd (TGH) Details

Technics Oil & Gas Limited operates as an integrator of compression systems and process modules for oil and gas clients. The company’s Engineering, Procurement, Construction and Commissioning segment is engaged in the design, procurement, fabrication, installation, and commissioning of process modules and equipment for oil and gas exploration and 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; and supplies spare parts and equipment, such as specialized valves and measuring equipment for oil and gas exploration and production. Technics Oil & Gas Limited designs, engineers, integrates, tests, and supplies turbo machinery control for the oil and gas, power, and general industries. In addition, it provides oil gas supply, aerospace repair, and OEM manufacturing services; and manufactures medical equipment. Further, the company offers repair, maintenance, fabrication, and other auxiliary services for visiting vessels through its offshore supply base; rents gas compressor packages; and offers operations and maintenance services. The company was formerly known as Technics Group Holdings Limited and changes its name to Technics Oil & Gas Limited in November 2005. Technics Oil & Gas Limited was incorporated in 2002 and is based in Singapore. 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.

Founded in 2002

technics oil & gas ltd (TGH) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

technics oil & gas ltd (TGH) Key Developments

Technics Oil & Gas Limited Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2014; Reports Impairment Changes for the Quarter Ended September 30, 2014

Technics Oil & Gas Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended September 30, 2014. For the quarter, the company reported revenue of SGD 20,137,000, loss before income tax from continuing operations of SGD 7,602,000, loss net of tax of SGD 7,910,000 and loss attributable to owners of the parent, net of tax of SGD 8,372,000 or 2.90 cents per diluted share compared to revenue of SGD 7,739,000, loss before income tax from continuing operations of SGD 8,575,000, loss net of tax of SGD 8,616,000 and loss attributable to owners of the parent, net of tax of SGD 8,600,000 or 3.83 cents per basic and diluted share reported in the same period last year. Net cash flows from operating activities were SGD 4,442,000 against net cash flows used in operating activities of SGD 5,332,000 a year ago. Purchase of property, plant and equipment was SGD 72,751,000 against SGD 2,624,000 a year ago. The Group's revenue increased by SGD 12.40 million or 160% year-on-year due to an increase in the contributions from the subsidiaries. For the year, the company reported revenue of SGD 69,245,000, loss before income tax from continuing operations of SGD 5,765,000, loss net of tax of SGD 6,728,000 and loss attributable to owners of the parent, loss of tax of SGD 7,255,000 or 2.56 cents per diluted share compared to revenue of SGD 40,756,000, loss before income tax from continuing operations of SGD 9,804,000, loss net of tax of SGD 10,049,000 and loss attributable to owners of the parent, net of tax of SGD 9,913,000 or 4.47 cents per basic and diluted share reported in the same period last year. Net cash flows from operating activities were SGD 13,280,000 against net cash flows used in operating activities of SGD 12,447,000 a year ago. Purchase of property, plant and equipment was SGD 92,170,000 against SGD 8,046,000 a year ago. Net asset value per ordinary share was 29.57 cents against 31.80 cents a year ago. On company basis, net asset value per ordinary share was 25.67 cents against 22.77 cents a year ago. The Group's revenue increased by SGD 28.49 million or 70% year-on-year due to an increase in the contributions from the subsidiaries with gross profit margin of 37% as compared to 24% for fiscal year 2014 and fiscal year 2013 respectively. For the quarter, the company reported impairment on property, plant and equipment was SGD 1,824,000.

Technics Oil & Gas Limited Provides Earnings Guidance for the Fourth Quarter and Full Year Ended September 30, 2014

The board of directors of Technics Oil & Gas Limited provided profit guidance for the financial results of the company and its subsidiaries for the fourth quarter and full year ended September 30, 2014. Based on the preliminary financial figures, the group is expected to report an operating net loss attributable to the equity holders of the company for the fourth quarter and full year of fiscal 2014 after taking into account the provision of impairment recommended by the auditors.

Technics Oil & Gas Limited Announces Unaudited Group Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014

Technics Oil & Gas Limited announced unaudited group earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported revenue of SGD 19,270,000 against SGD 13,850,000 a year ago. Profit before income tax from continuing operations was SGD 1,688,000 against loss before income tax from continuing operations of SGD 2,236,000 a year ago. Profit attributable to owners of the parent, net of tax was SGD 1,026,000 or 0.36 cents per fully diluted share against loss of SGD 2,167,000 or 0.97 cents per fully diluted share a year ago. Net cash flows used in operating activities was SGD 2,447,000 against SGD 6,831,000 a year ago. Purchase of property, plant and equipment was SGD 6,090,000 against SGD 3,509,000 a year ago. The Group's revenue increased by SGD 5.42 million or 39% year-on-year due to an increase in the contributions from the subsidiaries. For the nine months, the company reported revenue of SGD 49,108,000 against SGD 33,218,000 a year ago. Profit before income tax from continuing operations was SGD 1,837,000 against loss before income tax from continuing operations of SGD 1,229,000 a year ago. Profit attributable to owners of the parent, net of tax was SGD 1,117,000 or 0.40 cents per fully diluted share against loss of SGD 1,313,000 or 0.59 cents per fully diluted share a year ago. Net cash flows used in operating activities was SGD 998,000 against SGD 7,115,000 a year ago. Purchase of property, plant and equipment was SGD 19,419,000 against SGD 5,422,000 a year ago. The Group's revenue increased by SGD 15.89 million or 48% year-on-year due to an increase in the contributions from the subsidiaries with a stagnant gross profit margin for the nine months of fiscal year 2014 & nine months of fiscal year 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TGH:SP $0.72 SGD 0.00

TGH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for TGH.
View Industry Companies
 

Industry Analysis

TGH

Industry Average

Valuation TGH Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.3x
Price/Book 2.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TECHNICS OIL & GAS LTD, please visit www.technicsgrp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.