Hsin Tai Gas Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 09:23 pm
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Hsin Tai 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 587.78 million compared to TWD 518.98 million a year ago. Net income was TWD 98.59 million compared to TWD 84.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.61 compared to TWD 0.52 a year ago.
For the nine months, sales was TWD 1,919.35 million compared to TWD 1,706.84 million a year ago. Net income was TWD 299.97 million compared to TWD 270.99 million a year ago. Basic earnings per share from continuing operations was TWD 1.84 compared to TWD 1.67 a year ago. Diluted earnings per share from continuing operations was TWD 1.84 compared to TWD 1.67 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.