Hsin Kao Gas Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 11:54 pm
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Hsin Kao Gas Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 316.27 million compared to TWD 287.18 million a year ago. Net income was TWD 47.09 million compared to TWD 33.14 million a year ago. Basic earnings per share from continuing operations was TWD 0.43 compared to TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.43 compared to TWD 0.3 a year ago.
For the six months, sales was TWD 667.25 million compared to TWD 626.99 million a year ago. Net income was TWD 95.67 million compared to TWD 107.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 0.87 compared to TWD 0.97 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.