HaiKe Chemical Group(HAIK)

Sector:

Oil & Gas Producers

Index:

FTSE AIM All-Share

Market Cap

£17.64m

Change Today

0.000p

Share Price

46.00p

Haike Chemical profits jump

Date: Monday 07 Apr 2008

LONDON (ShareCast) - Petrochemical group HaiKe Chemical saw full year profits jump as the petrochemical business helped revenues soar 41%.

Pre-tax profit for the year rose to $18.6m from $12m before on revenues that increased 41% to $359m.

Revenues generated from the petrochemical business grew 39%, compared with 19% in the previous year. This is as a result of increasing domestic demand for diesel and other oil-refined products and increased selling price for all products.

The group said production capacity has been expanded and sales increased through a sequence of carefully planned investment projects.

“While the current market environment and margins in the petrochemical business remain very difficult, we believe that this is an industry wide situation,” said the group.

“We have continued to generate strong revenue and profit growth across all areas of the business and are confident that we will continue to deliver further growth and value to our shareholders, it added.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HAIK Market Data

Currency UK Pounds
Share Price 46.00p  
Closing Price Change 0.000p
52 Week High 138.00
52 Week Low 43.00
Volume 3,400
Shares Issued 38.35m
Market Cap £17.64m
Beta 0.61
RiskGrade 386

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
72.94% above the market average72.94% above the market average72.94% above the market average72.94% above the market average72.94% above the market average
77.59% above the sector average77.59% above the sector average77.59% above the sector average77.59% above the sector average77.59% above the sector average
Price Trend
22.43% below the market average22.43% below the market average22.43% below the market average22.43% below the market average22.43% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Income Not Available
Growth
61.26% above the market average61.26% above the market average61.26% above the market average61.26% above the market average61.26% above the market average
4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average
Price Chg 6m
58.14% below the market average58.14% below the market average58.14% below the market average58.14% below the market average58.14% below the market average
34.92% below the sector average34.92% below the sector average34.92% below the sector average34.92% below the sector average34.92% below the sector average
P/E
84.91% above the market average84.91% above the market average84.91% above the market average84.91% above the market average84.91% above the market average
72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average
PEG
7.84% above the market average7.84% above the market average7.84% above the market average7.84% above the market average7.84% above the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Dividend Yield Not Available
EPS Growth
27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average
4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average
Operating Margin
3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average
23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average

HAIK Dividends

No dividends found

Trades for 07-Oct-2008

Time Volume / Share Price
12:14 3,000 @ 46.50p
09:50 400 @ 44.00p

HAIK Key Personnel

CFO Johnson Lau

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