Longwei Petroleum Approved for NYSE Amex Listing
Stock Will Trade Under Symbol "LPH" TAIYUAN CITY, China, July 21 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei" or "the Company"), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, announced t...
Longwei Petroleum Announces Strong April and May 2010 Results
April and May Revenues Up 128% year-over-year to $72.9 Million TAIYUAN CITY, China, July 10 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, today annou...
Longwei Petroleum to Present at the Global Hunter Securities 2010 China Conference on July 13
TAIYUAN CITY, China, July 7 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, announced today that it will present at the Global Hunter Securities 2010 Chin...
Longwei Petroleum Announces Appointment of New Chief Financial Officer
TAIYUAN CITY, China, June 25 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei") announced today that Michael Toups has joined the Company as Chief Financial Officer, as of June 23, 2010. Mr. Toups, who is succeeding James Crane, will have overal...
Longwei Petroleum Announces Third Quarter Fiscal Year 2010 Financial Results, Highlighted By Record Revenues, a 94.9% Increase in Sales and Adjusted EPS of $0.15 for the Quarter and $0.37 for the Nine-Month Period
Longwei Petroleum Announces Third Quarter Fiscal Year 2010 Financial Results, Highlighted By Record Revenues, a 94.9% Increase in Sales and Adjusted EPS of $0.15 for the Quarter and $0.37 for the Nine-Month Period The Company Affirms 2010 and 2011 Full Year Guidance TAIYUAN CITY, China, Ma...
Longwei Petroleum Announces Third Quarter Fiscal Year 2010 Financial Results Conference Call
TAIYUAN CITY, China, May 15 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei") will hold a conference call May 17th to discuss financial results for the third quarter of fiscal year 2010 ended March 31, 2010. The conference call is scheduled for...
Longwei Petroleum Expects Higher Fiscal Third Quarter and Fiscal Year Revenues and Margins as a Result of China's April 2010 Fuel Price Increase
Revenue, gross profit and net profit each expected to rise as a result of this one-time pricing adjustment during the fiscal third quarter by approximately $3.4 million TAIYUAN CITY, China, April 19 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a l...
Longwei Petroleum Announces Revised Fiscal 2010 and 2011 Guidance
TAIYUAN CITY, China, April 5 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH; "Longwei" or the "Company") a company that transports, markets and sells finished petroleum products in the People's Republic of China ("PRC") today announced its revise...
Longwei Petroleum Investment Holding to Present at the March 2010 RedChip New York Equities Growth Conference
TAIYUAN CITY, China, March 10 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH; "Longwei" or the "Company"), a company who transports, markets and sells finished petroleum products in the People's Republic of China, today announced that Chief Financial Off...
Longwei Petroleum Announces Revenue and Earnings for the Second Quarter of Fiscal Year 2010
- Second Quarter Revenue Increased 33% to $71.2 Million, Adjusted Net Income Increased 10% to $9.6 Million with Adjusted EPS of $0.11 - First Six Months Revenues Increased 33% to $130.6 Million, Adjusted Net Income Increased 26% to $17.9 Million with Adjusted EPS of $0.22 - Gujiao Revenues Total...
Longwei Petroleum Announces Conference Call to Discuss Second Quarter Fiscal Year 2010 Financial Results
TAIYUAN CITY, China, Feb. 16 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), will hold a conference call February 18 to discuss financial results for the second quarter of fiscal year 2010 ended December 31, 2009. The conferenc...
Longwei Petroleum Investment Holding Cancels First Quarter Fiscal Year 2010 Conference Call
TAIYUAN CITY, China, Nov. 20 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), announced today that it will not be conducting its earnings conference call for the quarter ended September 30, 2009 previously scheduled for Friday, November 20,...
Longwei Petroleum Announces Revenue and Earnings for the First Quarter of Fiscal Year 2010 Ended September 30, 2009
TAIYUAN CITY, China, Nov. 20 /PRNewswire-Asia/ -- -- Revenue up 33% Year-over-Year to $59.36 million -- Net Income up 31% Year-over-Year to $7.21 million, or $0.09 EPS -- Net Income Excluding Non-Cash Fair Value Adjustments Associated with Stock Warrants was $8.26 mi...
Longwei Petroleum Investment Holding Reschedules First Quarter Fiscal Year 2010 Conference Call to November 20, 2009
TAIYUAN CITY, China, Nov. 18 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, announced today that it will delay its earnings release and investor confer...
Longwei Petroleum Investment Holding Announces Conference Call to Discuss First Quarter Fiscal Year 2010 Financial Results
TAIYUAN CITY, China, Nov. 14 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), will hold a conference call on November 17 to discuss financial results for the first quarter of fiscal year 2010 ended September 30, 2009. The conference call is s...
Longwei Petroleum Investment Holding Announces Closing of Private Placement for $14.8 Million
Capital Used to Establish Inventory for New Storage Facility Which Is Expected to Add $40 Million in Revenue and $6 Million in Net Income TAIYUAN CITY, China, Oct. 30 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH) ("Longwei"), announced today that ...
Longwei Petroleum Announces Record Revenue and Earnings for Fiscal 2009
TAIYUAN CITY, China, Oct. 14 /PRNewswire-Asia/ -- -- Revenue up 37% Year-Over-Year to $196,811,000 -- Net Income up 28% Year-Over-Year to $26,549,000 or $0.35 EPS (excluding one-time non cash items) -- Shareholders Equity Increased 30% Year-Over-Year from $88,541,000 to $114,923,000 ...
Longwei Petroleum Reports Earnings and Revenue Guidance for Fiscal 2009 Clarification on Financing for Gujiao City Facility
TAIYUAN CITY, China, Sept. 14 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), announced today that it expects to report revenue of approximately $197 million, net income of $23.9 million and earnings per share of $0.31 for the fiscal year ...
Longwei Petroleum Expects Higher Margins with China's Latest Fuel Price Increase
Expects to see an increase in gross profit of 4 to 5 percent on sales of its current fuel inventories TAIYUAN CITY, China, Sept. 8 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading oil and fuel wholesaler and distributor operating in Shan...
Longwei Petroleum to Present at the Rodman & Renshaw Annual Global Investment Conference in New York City
TAIYUAN CITY, China, Sept. 4 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading oil and fuel wholesaler and distributor operating in Shanxi Province, China, today announced that James T. Crane, Chief Financial Officer, will be presenting at the R...
