Hsin Kao Gas Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 07, 2022
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Hsin Kao Gas Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 277.26 million compared to TWD 263.93 million a year ago. Net income was TWD 55.98 million compared to TWD 55.61 million a year ago. Basic earnings per share from continuing operations was TWD 0.4679 compared to TWD 0.4587 a year ago. Diluted earnings per share from continuing operations was TWD 0.4679 compared to TWD 0.4587 a year ago.
For the nine months, sales was TWD 944.51 million compared to TWD 890.92 million a year ago. Net income was TWD 151.65 million compared to TWD 163.26 million a year ago. Basic earnings per share from continuing operations was TWD 1.2569 compared to TWD 1.3578 a year ago. Diluted earnings per share from continuing operations was TWD 1.2569 compared to TWD 1.3578 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.