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Overview
Financial Highlight
Headlines
Business Background Hengyuan Refining Co Bhd is engaged in refining and manufacturing of petroleum products in Malaysia. The company’s operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, two reformers, and a gasoil treatment plant. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene. Its segment consists of manufacturing of petroleum products with all of the operations in Malaysia. Majority of its revenue is derived from the sale of refined petroleum products.
  DJThong Be careful. In Shandong all the teapots are closed. They also have a 2 star hotel, 25/08/2021 10:03 AM DJThong Up already. Maybe the 2 star hotel got biz. It’s very dirty and poorly run. I stayed before 25/08/2021 4:39 PM wallstreetrookie Hengyuan Refining FTSE4Good Bursa Malaysia and Syariah Index Constituent 4 star ESG rating in accordance with FTSE Russell ESG methodology 26/08/2021 8:02 AM wallstreetrookie Can we possibly 3 billion revenue this time around? We will see. Very unlikely though 27/08/2021 2:35 PM wallstreetrookie Doesn't matter. This was last quarter. Only current oil price matters 27/08/2021 6:00 PM apple168 Moving forward in the near term, the group said crude prices are expected to remain volatile and refining margins are expected to slowly recover. “While the oil industry remains challenging, the company will continue to focus on the operational efficiency, product quality, hydrocarbon hedging and financial risk management in optimising its performance” Will you believe in HengYuan bullsh*t? 27/08/2021 8:33 PM DJThong That’s why. They keep losing CEOs . This is the 4th one in 5 years. Low quality steer overall 27/08/2021 10:57 PM  James_Bond We trust the new CEO will bring HengYuan back to previous glory! We are looking forward to the better leadership. translating to prosperous growth in the coming quarters! 29/08/2021 8:38 PM plaxo 88 new ceo bring prosperity? today down by 30sen. something wrong with your crystal ball, bro. 30/08/2021 9:48 AM Jack Khan What is the raw material for refineries? They have to buy right? the cheaper oil they can get the more margin right ? WHY refineries earn more during brent price increase? Because they hedge it at lower prices while the petrol price increase! ____________________________________________________________ khanchoon HY hedge against rise in oil price. Oil up, HY will lose more 30/08/2021 10:33 AM Investing_Bursa The loss this qtr is mainly due to commodity swap . They have to write that down 30/08/2021 11:34 AM BursaRangers https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-09-14-story-h1571531694-BursaRangers_Daily_Technical_Picks_15_September_2021.jsp 14/09/2021 10:16 PM  | |
