Incheon City Gas Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 12:03 pm IST
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Incheon City Gas Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was KRW 1,170.64 million compared to KRW 197.26 million a year ago. Net loss was KRW 2,468.87 million compared to net income of KRW 74.15 million a year ago. Basic loss per share from continuing operations was KRW 599 compared to basic earnings per share from continuing operations of KRW 18 a year ago. Basic loss per share was KRW 599 compared to basic earnings per share of KRW 18 a year ago.
For the nine months, sales was KRW 3,479.63 million compared to KRW 411.23 million a year ago. Net income was KRW 2,106.75 million compared to KRW 4,165.81 million a year ago. Basic earnings per share from continuing operations was KRW 511 compared to KRW 1,011 a year ago. Basic earnings per share was KRW 511 compared to KRW 1,011 a year ago.
INCHEON CITY GAS CO., LTD is a Korea-based company mainly engaged in the provision of natural gas. The Company provides liquefied natural gas (LNG) used for cooking and heating, industrial engineering production, compressed natural gas stations and others. It supplies gases to Bupyeong-gu and Gyeyang-gu, Incheon, Ganghwa-gun, part of Namdong-gu, Jung-gu, Daegot-myeon and Walgot-myeon Gimpo-si and others. In addition, the Company operates compressed natural gas (CNG) charging stations in Incheon International Airport, and customer service (CS) center and others.