Zhonghua Gas Holdings Limited Announces 2018 Annual Results
2019年3月19日 - 12:35PM
JCN Newswire
Zhonghua Gas Holdings Limited (the "Company"; Stock Code:
8246.HK) together with its subsidiaries (collective namely the
"Group") today announces the annual results for the year ended 31
December 2018 ("the Current Year").
Revenue of the Group for the Current Year amounted to approximately
HK$423.7 million, representing an increase of approximately 22.8%
from approximately HK$361.8 million for the year ended 31 December
2017 ("FY 2017"). Net profit and total comprehensive income
attributable to the owners of the Company recorded a significant
increase by approximately 95.4% to approximately HK$94.6 million
for the Current Year. The increase was mainly attributable to the
increase in the revenue in the provision of diverse integrated new
energy services. Basic and diluted earnings per share for the
Current Year was HK$2.7 cents and HK$2.6 cents, as compared to both
HK$1.4 cents in FY 2017.
The Board recommends to pay a final dividend of HK$0.5 cents per
ordinary share. Furthermore, the Group have just laid down a
long-term dividend policy that targets to propose to distribute
dividend on a continuous basis, when the business conditions of the
Company are satisfactory and business is profitable, and subject to
the conditions of this policy, so that shareholders can share the
fruitful success of our business as and when appropriate.
During the Current Year, the Group generated revenue from its
diversified and integrated new energy services which included
technological development and consultancy services in relation to
heat supply and coal-to-natural gas conversion solutions, trading
of new energy related industrial products and the operation of LNG
stations as well as kicking off the LNG trading business in the
fourth quarter of 2018. It also broadened the income stream via
receiving rental and management fees from leasing out LNG storage
tanks and gasification devices from the cooperation partners.
Looking forward, the Group will continue to seek cooperation and
build on the cordial relationship with different engineering and
consultancy enterprises from the PRC and around the globe to
collaborate in technological and infrastructure areas in the new
energy industry. It will continue to enrich the business profile
and broaden the income sources to achieve a sustainable growth in
profitability.
With its consistent investments and active partnerships, the Group
has and will continue to yield a higher return in the years ahead
to achieve an overall corporate growth and operation
efficiency.
Zhonghua Gas Holdings Limited
Zhonghua Gas Holdings Limited is principally engaged in provision
of diverse integrated new energy services including technological
development, construction and consultancy services in relation to
heat supply and coal-to-natural gas conversion, operation of
liquefied natural gas stations, coupled with trading of new energy
related industrial products. The Group is also involved in the
operation of restaurants and trading of non-staple food; as well as
engaged in the property investment business.
Media Contacts:
Angel Yeung
Jovian Communications Ltd
Tel: +852 2581 0168
Email: news@joviancomm.com
Source: Zhonghua Gas Holdings Limited
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