00852 STRONG PETRO
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STRONG PETRO News
海峽石油化工：二零二三年年報
Straits Petrochemical (00852.HK) changed profit and loss to HK$95.4 million in 2023
Gelonghui, March 26, 丨 Straits Petrochemical (00852.HK) announced its annual results for the year ended 31 December 2023, with annual revenue of approximately HK$1,266 million (2022: approximately HK$923 million). The loss attributable to the owners of the company was approximately HK$95.4 million (2022: profit of approximately HK$6.2 million). Loss per share was HK4.49 cents. International oil prices fell sharply due to macroeconomic factors such as changes in interest rate expectations, the strength of the US dollar, and supply and demand dynamics. Geopolitical events have further created uncertainty in the market. Overall, prudent market sentiment reflects
Straits Petrochemical (00852) announced annual results. Shareholders' losses of HK$95.407 million were converted from profit to loss year-on-year
According to the Zhitong Finance App, Straits Petrochemical (00852) announced its annual results for the year ended December 31, 2023. The group obtained revenue of HK$1,266 billion, an increase of 37.19% over the previous year; losses due to company owners were HK$95.407 million, compared with a profit of HK$6.18 million for the same period last year; loss per share was HK4.49 cents. The Group is mainly engaged in commodity trade. In the current year, the Group's trading business revenue was approximately HK$1,212 million (2022: approximately HK$879.9 million). In the current year, the Group received about 60% (2022:68%) of the revenue from the trading business
STRONG PETRO: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Strong Petrochemical to Swing to Loss in 2023
Strong Petrochemical Holdings (HKG:0852) expects to log an attributable loss of around HK$95 million to HK$105 million for the year ended December 2023, as opposed to a profit of close to HK$6.2 milli
Straits Petrochemical (00852.HK) Profit Alert: Expected loss of HK$95 million to HK$105 million in 2023
On March 20, GLONGHUI (00852.HK) issued an announcement. Compared with the profit attributable to company owners of about HK$6.2 million in 2022, the Group is expected to record losses of between HK$95 million and HK$105 million for the year ended 31 December 2023, mainly due to (i) a rise in impairment losses on unlisted equity investments; (ii) a drop in dividend income from unlisted equity investments; (iii) a drop in interest income from accounts receivable; and (iv) a decrease in revised income on debt and other losses. Where allowances have declined Offsets.
海峽石油化工：溢利警告
Straits Petrochemical (00852.HK) held a board meeting on March 26 to consider and approve annual results
Gelonghui, March 14, 丨 Straits Petrochemical (00852.HK) announced that the company will hold a board meeting on March 26, 2024 (Tuesday) to consider and approve the audited consolidated annual results and publication of the company and its subsidiaries for the year ended 31 December 2023, and to consider the proposed payment of a final dividend (if any).
Nation's Demand for Oil Products to Peak Before '25
The domestic demand for petroleum products may peak before 2025, amid China's green energy transition, according to a think tank.
Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Is Projected to Grow at a CAGR of 4.7% by 2034: Visiongain
Visiongain has published a new report entitled Carbon Dioxide (CO2) Enhanced Oil Recovery (EOR) Market Report 2024-2034: Forecasts by Mechanism (Miscible CO2 Injection, Immiscible CO2 Injection), by Source (Natural
National Energy Administration: Domestic oil and gas production will exceed 390 million tons in 2023, a record high
On January 15, data from the National Energy Administration showed that in 2023, domestic oil and gas production was equivalent to more than 390 million tons, a record high. It maintained a rapid growth trend of 10 million tons for 7 consecutive years, forming a new peak period for production growth.
Strong Petrochemical Holdings Limited's (HKG:852) Shares Bounce 123% But Its Business Still Trails The Industry
Strong Petrochemical Holdings Limited (HKG:852) shareholders are no doubt pleased to see that the share price has bounced 123% in the last month, although it is still struggling to make up recently lo
Strait Petrochemical [00852] is now reported at HK$0.18, an increase of 16.13%
As of 13:12, Straits Petrochemical [00852] reported HK$0.18, up HK$0.025 or 16.13% from yesterday's closing price of HK$0.155, with a turnover of HK$26,600, today's highest price of HK$0.18, and the lowest price of HK$0.174. Based on yesterday's closing price, the 10-day average price is HK$0.14 and the 50-day average price of HK$0.11. The current price-earnings ratio is 53.45 times, and the 14-day strength index is 85.71.
Oil Prices Head for Lowest Close Since August -- WSJ
Oil prices are on track for their lowest close since late summer, in a sign that energy demand has started to wane.
STRONG PETRO: Interim Report 2023
Straits Petrochemical (00852.HK)'s medium-term profit and loss reached HK$10.2 million
Glonghui, August 24, 丨Straits Petrochemical (00852.HK) announced that with its interim results for the six months ended June 30, 2023, the Group's trade business revenue for the six-month period was approximately HK$463 million, an increase of about 2% over the first half of 2022. Losses attributable to owners of the company are approximately HK$10.2 million (first half of 2022: profit attributable to owners of the company is approximately HK$13.8 million). A loss of HK0.48 cents per share. The trading volume of refined oil products during the six-month period was 986 tonnes (first half of 2022:1,810 tonnes). Due to the company's increased customer demand, petrochemical products
STRONG PETRO: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Strong Petrochemical to Swing to H1 Loss
Strong Petrochemical Holdings (HKG:0852) expects an attributable loss of between HK$9.5 million and HK$11.5 million for the six months ended June 30, as compared to an attributable profit HK$13.8 mill
STRONG PETRO: PROFIT WARNING
STRONG PETRO: NOTICE OF BOARD MEETING
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