Hsin Kao Gas Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 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 principally engaged in the distribution of natural gas for household use, commercial use and industrial use. The Company is also involved in the pipeline and related natural gas equipment installation business. The Company operates its businesses primarily in districts of Kaohsiung, Taiwan, including Sanmin, Cianjin, Sin Sing, Ling-Ya, Cianjhen, Gushan, Zuoying, Nanzih and Yan Chen.