Hsin Tai Gas Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Hsin Tai Gas Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 677.98 million compared to TWD 605.62 million a year ago. Net income was TWD 107.17 million compared to TWD 91.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.6545 compared to TWD 0.5636 a year ago. Diluted earnings per share from continuing operations was TWD 0.6545 compared to TWD 0.5636 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.