Hsin Tai Gas Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 06:57 pm
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Hsin Tai Gas Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 551.336 million compared to TWD 525.287 million a year ago. Operating income was TWD 44.195 million compared to TWD 72.816 million a year ago. Net income was TWD 45.027 million compared to TWD 62.063 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.51 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.