Hsin Kao Gas Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 09, 2021
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Hsin Kao Gas Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 263.93 million compared to TWD 258.48 million a year ago. Net income was TWD 55.61 million compared to TWD 49.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.45 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to TWD 0.45 a year ago.
For the nine months, sales was TWD 890.92 million compared to TWD 947.77 million a year ago. Net income was TWD 163.26 million compared to TWD 152.39 million a year ago. Basic earnings per share from continuing operations was TWD 1.48 compared to TWD 1.38 a year ago. Diluted earnings per share from continuing operations was TWD 1.48 compared to TWD 1.38 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.