WSP results in works, but 4th-qtr. lackluster

Apr 22, 2011 | 01:29 PM | Michael Cowden

Tags  WSP, earnings, OCTG, seamless, casing, tubing, drill pipe, China Thailand

TORONTO — WSP Holdings Ltd. has seen no "noticeable improvement" in its fourth-quarter 2010 operating performance, it said Friday, adding that it won’t release fourth-quarter and full-year 2010 financial results until May 26.

The Wuxi, China-based seamless oil country tubular goods (OCTG) producer said it is "in the process" of "finalizing" financial statements and is "carefully working through" year-end accounting procedures, "critical" estimates and other adjustments "that may require significant judgments and assumptions to be made." It did not detail what those judgments or assumptions might involve.....

Latest Pricing Trends


Is severe weather affecting your business?


View previous results