Longwei Petroleum Appoints New Chief Financial Officer
TAIYUAN CITY, China, July 11 /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 it has appointed Mr. James T. Crane to serve as its Chief Financial ...
Longwei Petroleum Expects Increased Revenues on China's Fuel Price Increase
TAIYUAN CITY, China, July 7 /PRNewswire-Asia-FirstCall/ -- 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 it expects to see an increase in gross profit of up to 10...
Longwei Petroleum Announces Plans for New 70,000 Metric Ton Capacity Oil Depot in Gujiao
TAIYUAN CITY, China, June 23 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading China-based energy trading company operating in Shanxi Province, China, today announced its plans to complete construction on a 70,000 metric ton capacity oil storage...
Longwei Petroleum Investment Holding Announces Financial Results for the Third Quarter Fiscal Year 2009
Revenue increased 53% to $49.7 million for the third quarter fiscal year 2009 Earnings increased 32% to $6.7 million for the third quarter fiscal year 2009 TAIYUAN CITY, China, May 16 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a China-based e...
Longwei Petroleum Expects Rise in Revenues on China's Fuel Price Increase
TAIYUAN CITY, China, April 3 /PRNewswire/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading China-based energy trading company operating in Shanxi Province, China, today announced that it expects to see a 5 percent increase in gross profit on sales of its cur...
Longwei Petroleum Investment Holding Announces Record Revenue of $53.64 Million and Profit of $8.75 Million for the Second Quarter Fiscal Year 2009
-- Revenue increased 35% to $53.6 million for the second quarter fiscal year 2009 -- Earnings increased 52% to $8.75 million for the second quarter fiscal year 2009 -- Net margins increase to 16.3% for the second quarter fiscal year 2009 TAIYUAN CITY, Ch...
Longwei Petroleum Announces Conference Call to Discuss Results for the Second Quarter Fiscal Year 2009
TAIYUAN CITY, China, Feb. 17 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a distributor of diesel, gasoline, fuel oil, and solvent oil operating in the Shanxi Province in China, today announced it will hold a conference call and webcast on Wednesday,...
Longwei Petroleum Investment Holding Announces Purchase Agreement Valued at an Estimated $24.1 Million
TAIYUAN CITY, China, Dec. 10 /PRNewswire-Asia/ -- Longwei Petroleum Investment Holding Ltd. (OTC Bulletin Board: LPIH), a leading distributor of diesel, gasoline, fuel oil, and solvent oil operating in the Shanxi Province in China, today announced it has executed a Purchase and Sale Agreement wi...
