Hsin Kao Gas Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 09:40 am
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Hsin Kao Gas Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 368.697 million compared to TWD 365.236 million a year ago. Operating income was TWD 50.322 million compared to TWD 74.115 million a year ago. Net income was TWD 48.972 million compared to TWD 68.879 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.67 a year ago. For the half year, sales was TWD 778.044 million compared to TWD 826.645 million a year ago. Operating income was TWD 114.688 million compared to TWD 138.852 million a year ago. Net income was TWD 100.250 million compared to TWD 131.493 million a year ago. Basic earnings per share was TWD 0.98 compared to TWD 1.29 a year ago.
Hsin Kao Gas Co Ltd is a Taiwan-based company mainly engaged in the sale of natural gas and the installation of gas pipelines. The Company sells natural gas and transports the natural gas imported by CPC Corp Taiwan to residential and commercial users in the operating area through gas pipelines for use as fuel. The business scope mainly targets industrial, commercial and general household users in the nine administrative districts of Kaohsiung City, including Sanmin, Qianjin, Xinxing, Lingya, Qianzhen, Gushan, Zuoying, Nanzi and Yancheng.