Trade China Gas Holdings Limited - 0384 CFD

China Gas Company profile

About China Gas Holdings Ltd

CHINA GAS HOLDINGS LIMITED is a Hong Kong-based investment holding company principally engaged in gas businesses. The Company’s main businesses include the investment, construction and operation of gas pipeline infrastructure facilities, gas terminals, storage and transportation facilities and gas logistics systems, the transmission of natural gas and liquefied petroleum gas (LPG), the construction and operation of gas refilling stations, as well as the development and application of technologies related to natural gas and LPG. The Company operates through four segments, including Sales of Piped Gas segment, Gas Connection segment, Sales of LPG segment and Zhongyu Gas segment.

Financial summary

BRIEF: For the six months ended 30 September 2021, China Gas Holdings Ltd revenues increased 43% to HK$38.95B. Net income decreased 19% to HK$4.11B. Revenues reflect Sale of Piped Gas segment increase of 59% to HK$19.8B, Sales of LPG segment increase from HK$4.96B to HK$11.28B, Value Added Service segment increase of 8% to HK$3.65B. Net income was offset by Engineering design and construction segment income decrease of 49% to HK$848.3M.