In intercontinental intercontinental due to the daily limit of the talk show: the top five customers contributed 90 % of their revenue, over 2 billion yuan borrowing overdue

Author:Daily Economic News Time:2022.09.13

Because of a joke, the ST continent (SH 600759, which is nicknamed the "talk show concept stock" (SH 600759, the stock price is 2.53 yuan, and the market value of 5.713 billion yuan) was originally a real estate company in Hainan. After 2013, it entered the field of oil mining through mergers and acquisitions.At present, the main two major oilfields of ST Macae and the Keshan Oilfield are located in Kazakhstan, and last year, the output of crude oil was 932,300 tons.

In 2021, STCC oil and gas sales achieved 2.398 billion yuan in oil and gas sales, but 2.111 billion yuan came from a single large customer, and it was also the largest oil dealer in the world, with a sales proportion of 86.05%.

On the other hand, since 2018, ST is in a crisis of liquidity. As of the end of 2021, the company's interest liabilities have a total principal and interest principal and interest of more than 4.7 billion yuan, and the debt of more than 2.2 billion yuan is overdue."Bid".

Daily Economic News

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