Incheon City Gas Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 10:10 pm EDT
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Incheon City 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 KRW 0.00036 million compared to negative sales of KRW 0.0005 million a year ago. Net income was KRW 6,623.2 million compared to KRW 1,113.83 million a year ago. Basic earnings per share from continuing operations was KRW 1,606 compared to KRW 270 a year ago. Diluted earnings per share from continuing operations was KRW 1,606 compared to KRW 270 a year ago. Basic earnings per share was KRW 1,606 compared to KRW 270 a year ago.
For the six months, sales was KRW 0.00047 million compared to negative sales of KRW 0.00009 million a year ago. Net income was KRW 12,639.79 million compared to KRW 4,575.62 million a year ago. Basic earnings per share from continuing operations was KRW 3,066 compared to KRW 1,110 a year ago. Diluted earnings per share from continuing operations was KRW 3,066 compared to KRW 1,110 a year ago. Basic earnings per share was KRW 3,066 compared to KRW 1,110 a year ago.
INCHEON CITY GAS CO., LTD is a Korea-based company mainly engaged in the provision of natural gas. The Company provides liquefied natural gas (LNG) used for cooking and heating, industrial engineering production, compressed natural gas stations and others. It supplies gases to Bupyeong-gu and Gyeyang-gu, Incheon, Ganghwa-gun, part of Namdong-gu, Jung-gu, Daegot-myeon and Walgot-myeon Gimpo-si and others. In addition, the Company operates compressed natural gas (CNG) charging stations in Incheon International Airport, and customer service (CS) center and others.