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hong kong & china gas (3) Details

The Hong Kong and China Gas Company Limited, together with its subsidiaries, engages in the production, distribution, marketing, and sale of gas in Hong Kong and Mainland China. It provides gas appliances under the TGC, SIMPA, and Bauhinia brands, as well as after-sales services. The company also acts as a piped city-gas operator, serving approximately 14.8 million residential, commercial, and industrial customers; and operates LPG filling stations, landfill gas utilization projects, aviation fuel storage facility, and onshore oil field projects. In addition, it focuses on the development of new energy projects covering resource exploitation, liquefaction of coalbed methane, coal-based chemicals, biomass energies, vehicular fuels, logistic hub, and related facilities. Further, the company offers a range of customer services, such as consultancy, construction, and maintenance in various engineering projects; operates as a utility contractor for water, drainage, sewerage, electricity, and telecommunications projects; provides telecommunication infrastructure services for telecom carriers, service providers, and large corporations; and supplies water and treats wastewater. Additionally, it engages in the design and production of polyethylene piping system and equipment; design, construction, installation, and commissioning of landfill gas treatment plants, liquefied nitrogen, and dry ice production plants; retail sale; and providing gas meters and metering system under the M-TECH brand, as well as cloud computing solutions, other IT products, and consulting services. It also operates cafés and restaurants; develops properties; invests in securities; and provides other financial and appliance testing services. The Hong Kong and China Gas Company Limited was founded in 1862 and is based in North Point, Hong Kong.

46,925 Employees
Last Reported Date: 08/27/15
Founded in 1862

hong kong & china gas (3) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: $32.0M
Chief Operating Officer of Utilities Business...
Total Annual Compensation: $5.7M
Compensation as of Fiscal Year 2014.

hong kong & china gas (3) Key Developments

The Hong Kong and China Gas Company Limited Announces Cash Flow Results for the Six Months Ended June 30, 2015

The Hong Kong and China Gas Company Limited announced cash flow results for the six months ended June 30, 2015. For the six months, the company reported net cash from operating activities of HKD 4,117.2 million compared to HKD 4,022.3 million a year ago. Purchase of property, plant and equipment was HKD 2,735.2 million compared to HKD 2,428.9 million a year ago.

The Hong Kong and China Gas Company Limited Announces Unaudited Earnings Results for the Six Months Ended June 30, 2015; Declares Interim Dividend for the Six Months Ended June 30, 2015

The Hong Kong and China Gas Company Limited announced unaudited earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of HKD 15,083 million against HKD 15,808 million reported last year. Profit before taxation was at HKD 5,677.5 million against HKD 5,159.4 million reported last year. Profit attributable to shareholders of the company was at HKD 4,197.1 million against HKD 3,726.6 million reported last year. Earnings per share ­ basic and diluted were at 36.3 HK cents against 32.2 HK cents reported last year. Adjusted EBITDA was at 5,077.5 million against HKD 5,162.0 million reported last year. The Board of Directors of the company has declared an interim dividend for the six months ended June 30, 2015 of 12 cents per share payable to shareholders of the company whose names are on the register of members of the company as at 18th September 2015. Dividend warrants will be despatched to shareholders on 2nd October 2015.

The Hong Kong and China Gas Company Limited to Report First Half, 2015 Results on Aug 13, 2015

The Hong Kong and China Gas Company Limited announced that they will report first half, 2015 results on Aug 13, 2015


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