Trade The Hong Kong and China Gas Company Limited - 0003 CFD

HK & China Gas Company profile

About The Hong Kong and China Gas Company Ltd.

The Hong Kong and China Gas Company Limited is a company principally engaged in production, distribution and marketing of gas, water supply. The Company operates through four segments: the Gas, Water and Related Businesses segment, the New Energy segment, the Property segment, and the Other segments. The Gas, Water and Related Businesses segment is engaged in the gas, water and related businesses including utility businesses in Mainland China, and Hong Kong gas business. Utility businesses in Mainland China include city gas operations, construction of natural gas pipelines and natural gas storage facilities, water supply and wastewater operations. In addition, it also manufactures and sells home appliances, kitchen furnishings, and household goods. Hong Kong gas business includes production, distribution and sales of gas to residential and commercial markets.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, The Hong Kong and China Gas Company Ltd. revenues increased 31% to HK$53.56B. Net income applicable to common stockholders decreased 16% to HK$5.02B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Share of results of joint ventures decrease of 41% to HK$646.9M (income).

Equity composition

05/2007, Bonus Issue, 1 new share for every 10 shares held. 05/2008, Scrip Issue, 1 new share for every 10 shares held. 06/2012, Scrip Issue, 1 new shares for every 10 shares held. 06/2013, Bonus Issue, 1 new shares for every 10 shares held. 06/2014, Bonus Issue, 1 new share for every 10 shares held.