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THE HONG KONG AND CHINA GAS COMPANY LIMITED

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Hong Kong and China Gas : Towngas COVID-19 Vaccination Lucky Draw online registration begins 2 July 2021

07/05/2021 | 10:53am EDT

The Hong Kong and China Gas Company Limited (Towngas) launched its COVID-19 Vaccination Lucky Draw with HK$3 million in prizes to encourage the public to get vaccinated.

Online registration for the draw will be accepted from 10am 2 July 2021 onwards on the event website at www.towngas.com/luckydraw.

Hong Kong Identity Card holders aged 18 or above who have received one dose or two doses of the COVID-19 vaccine in Hong Kong at the time of registration are eligible for participation. As there are five rounds to the event, early registrants stand a greater chance of winning. Each participant only needs to register once; those who do not win in round one will be automatically entered into the next.

Winners can use their e-vouchers on the Towngas Fun online shopping platform upon registering as a member to redeem products in the categories of dining, household appliances and beauty etc., or other Towngas cash vouchers to be used at Towngas Customer Centres (excluding gas bill payment), Towngas Cooking Centre and Flame at Towngas Avenue

Mr Alfred Chan Wing-kin, Towngas Managing Director, remarked, 'In support of the government's vaccination scheme, Towngas hopes to encourage the public to get vaccinated through this lucky draw. We anticipate accelerated economic recovery with everyone's collective anti-pandemic efforts.'

Draw results will be announced on the designated website, www.towngas.com/luckydraw, The Standard and Sing Tao Daily. Winners will be individually notified through text messages sent to the mobile numbers provided at registration, and are required to present their original Hong Kong Identity Card as well as the original or electronic record of their COVID-19 vaccination issued by the Department of Health of the Hong Kong government for verification in order to claim their prize.

Contact:

Josephine Tsoi

Tel: 2963 3493

Email: cad@towngas.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 48 400 M 6 217 M 6 217 M
Net income 2021 8 135 M 1 045 M 1 045 M
Net Debt 2021 39 801 M 5 112 M 5 112 M
P/E ratio 2021 27,1x
Yield 2021 2,97%
Capitalization 226 B 28 993 M 29 000 M
EV / Sales 2021 5,49x
EV / Sales 2022 5,07x
Nbr of Employees 54 031
Free-Float 58,2%
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Number of Analysts 11
Last Close Price 12,10 HKD
Average target price 12,73 HKD
Spread / Average Target 5,23%
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Managers and Directors
Wing Kin Chan Managing Director & Executive Director
Hon Ming Ho CFO, Secretary & Executive Director
Ka Shing Lee Co-Chairman
Ka Kit Lee Co-Chairman
Kwok Po Li Independent Non-Executive Director