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Shandong Molong Petroleum Machinery Co (HKSE:00568) Deferred Policy Acquisition Costs


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What is Shandong Molong Petroleum Machinery Co Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Shandong Molong Petroleum Machinery Co (HKSE:00568) Business Description

Traded in Other Exchanges
Address
No. 99 Xingshang Road, Gucheng Street, Shandong Province, Shouguang, CHN, 262700
Shandong Molong Petroleum Machinery Co Ltd is mainly engaged in design, research and development, processing and manufacturing, sales service and export trade of products for the energy equipment industry. The main products included petroleum-drilling machinery equipment, petroleum and natural gas transportation equipment, petroleum and natural gas exploitation equipment, and major critical components and castings and forgings products. The company's products are mainly used in petroleum, natural gas, coalbed methane, shale gas and other energy drilling, machinery processing, and urban pipe network. The sales of pipe products accounted for over 80% of the company's revenue.