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  • September 18, 2014
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Results 1 - 6 of 6 for honghua

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  1. In Brief

    Posted Aug 19th 2009, 12:00am by Staff Reporter

    ... Honghua to sell 800m yuan worth of rigs to Shanghai Zhenhua Honghua Group, the world's second-largest maker of land oil drilling rigs, has signed an agreement to sell rigs worth more than 800 million yuan to Shanghai Zhenhua Heavy Industry. They will be delivered by the end of January next year. Honghua had a turnover of 4.74 billion yuan last year. It warned earlier ...

  2. Honghua dives on failure in quality audit

    Posted Jul 30th 2009, 12:00am by Eric Ng

    ... Eric Ng Honghua Group, the world's second-largest maker of land oil drilling rigs, plunged as much as 10.7 per cent yesterday after a surprise disclosure of a three-month-old failure to meet production quality management standards in North America. The company said industry standards setter and auditor American Petroleum Institute (API) cancelled a number of Honghua ...

  3. Honghua sees pick-up in demand for oil rigs

    Posted Sep 14th 2009, 12:00am by Eric Ng

    ... Eric Ng Demand for oil drilling rigs, which generally lags growth in demand for oil, is showing signs of picking up, according to the chief of Honghua Group, the world's second-largest maker of land-based drilling rigs. 'The recovery is not just talk. We have seen action,' said Honghua chairman and chief executive Zhang Mi. 'We are seeing the kind ...

  4. Honghua sees flat sales as orders are deferred

    Posted Apr 16th 2009, 12:00am by Eric Ng

    ... Eric Ng Honghua Group, the world's second-largest producer of onshore oil drilling rigs, expects sales volume and profit margin to be flat this year, as lower oil prices saw some ... squeeze. This is despite turnover increasing 49.73 per cent on the back of higher selling prices owing to requirements from customers to package Honghua's products with related products ...

  5. Companies reporting this week

    Posted Sep 07th 2009, 12:00am by Staff Reporter

    ... Denway Motors, Geely Auto, Honghua, Kowloon Dev, Paliburg, Regal Hotels Int, Soho China, Tomson Group Final: Brightoil Petroleum AGM: Asia Orient, Asia Standard Int, Stelux Hold Int, Tack Hsin, ...

  6. Crisis? What crisis? Flood of spending at HK$1b brand sale

    Posted Feb 20th 2009, 12:00am by Fox Yi Hu

    ... Honghua, a 39-year-old from Shanghai, said the financial crisis had had no impact at all on her spending. She bought a Ferragamo belt and a Burberry shirt before continuing her bargain hunt. Ms Ren ...



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