Hsin Tai Gas Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:47 am IST
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Hsin Tai Gas Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 501.683 million compared to TWD 513.187 million a year ago. Operating income was TWD 101.524 million compared to TWD 74.931 million a year ago. Net income was TWD 86.899 million compared to TWD 64.340 million a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.48 a year ago. For the nine months, sales was TWD 1,762.810 million compared to TWD 1,678.031 million a year ago. Operating income was TWD 337.790 million compared to TWD 250.449 million a year ago. Net income was TWD 270.384 million compared to TWD 220.813 million a year ago. Basic earnings per share was TWD 2.01 compared to TWD 1.64 a year ago.
Hsin Tai Gas Co Ltd is a Taiwan-based company mainly engaged in the provision and distribution of natural gases, as well as the installation of gas pipelines. The Company provides natural gases mainly to families, government organizations and other areas. Its natural gases are mainly provided by China National Petroleum Corporation. The Company also engages in the installation of gas pipelines and gas safety equipment, installation and dismantling of gas meters, and provision of other after-sales services. The Company mainly operates its business in New Taipei City.
HSIN TAI GAS CO., LTD. 
