Hsin Tai Gas Co Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 11, 2018 at 06:08 am
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Hsin Tai Gas Co Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 422.772 million compared to TWD 357.542 million a year ago. Operating income was TWD 66.829 million compared to TWD 59.760 million a year ago. Net income was TWD 59.082 million compared to TWD 53.536 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.44 a year ago.
For the nine months, sales was TWD 1,418.983 million compared to TWD 1,215.111 million a year ago. Operating income was TWD 239.039 million compared to TWD 199.549 million a year ago. Net income was TWD 204.073 million compared to TWD 174.662 million a year ago. Basic earnings per share was TWD 1.67 compared to TWD 1.43 a year ago.
Hsin Tai Gas Co Ltd is a Taiwan-based company mainly engaged in the provision and distribution of natural gases, as well as the installation of gas pipelines. The Company provides natural gases mainly to families, government organizations and other areas. Its natural gases are mainly provided by China National Petroleum Corporation. The Company also engages in the installation of gas pipelines and gas safety equipment, installation and dismantling of gas meters, and provision of other after-sales services. The Company mainly operates its business in New Taipei City.