Longwei Petroleum Investment Hold Ltd 

(Public, OTC:LPIH)   Watch this stock   
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Key stats and ratios

Q2 (Jun '09) 2009
Net profit margin 1.77% 11.06%
Operating margin 7.09% 16.16%
EBITD margin - 18.33%
Return on average assets 2.94% 20.39%
Return on average equity 3.09% 21.41%
Employees 65 -

Address

No.30 Guanghua Street Xiaojingyu Xiang
Wanbailin District Taiyuan City, SHX 030024
China
+86-351-6527366 (Phone)

Website links

Longwei Petroleum Investment Hold Ltd discussed on blogs

Stock Market Analysis: Stocks to Buy 11/23/09 November 23, 2009 - tweid05@gmail.com (stockstobuy.org) - Stock Market Analysis - Nov 21, 2009

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Description

Longwei Petroleum Investment Holding Limited is an energy company that, through its subsidiaries, engages in oil and gas operations in the People’s Republic of China. Oil and gas operations consist of transporting, marketing and selling finished petroleum products. The Company’s primary facilities are located in Taiyuan, Shanxi Province (Shanxi). The Company purchases diesel, gasoline, fuel oil and kerosene (the Products) from various petroleum refineries in the People’s Republic of China. The Company seeks to earn profits by selling its Products to gas stations, coal plants and other power supply customers and small, independent gas stations. The Company operates in two segments: Product Sales, which is engaged in purchasing and selling diesel, gasoline, fuel oil and kerosene in the People’s Republic of China, and Agency Sales, which acts as an agent in the purchase and sale of products by other gas and oil distributors in the People’s Republic of China.

Officers and directors

Yongjun Cai
Chairman of the Board, Chief Executive Officer
Age: 57
James T. Crane CPA
Chief Financial Officer
Age: 33
Yongping Xue
Treasurer, Secretary, Director
Age: 42