(EnergyAsia, September 20 2010, Monday) — Longwei Petroleum Investment Holding Limited, an NYSE-listed oil and gas storage and distribution company operating in China, said its gross profit surged by 119% to US$68.5 million for the financial year ended June 30 2010. The Taiyuan City, Shanxi provice-based company reported a 72% rise in revenue to US$339.4…
CHINA: Storage and distribution firm Longwei Petroleum reports 119% rise in FY 2010 gross profit
Posted on September 19, 2010 by EnergyAsia