Inactive Instrument

Busan City Gas. Co. Ltd.

A015350

KR7015350002

Busan City Gas Co., Ltd. Reports Audited Earnings Results for the Year Ended December 31, 2017

May 17, 2018 at 09:44 pm EDT

Busan City Gas Co., Ltd. reported audited earnings results for the year ended December 31, 2017. For the year, revenue was KRW 935,235,002,000 against KRW 886,881,771,000 a year ago. Profit for the year was KRW 45,014,306,000 against KRW 49,691,196,000 a year ago.

Latest news about Busan City Gas. Co. Ltd.

SK E&S Co., Ltd. completed the acquisition of an additional 17.01% stake in Busan City Gas. Co. Ltd. for approximately KRW 160 million.	21-10-14	CI
SK E&S Co., Ltd. made a tender offer to acquire an additional 23.6% stake in Busan City Gas. Co. Ltd. for approximately KRW 220 billion.	21-09-15	CI
I-ON Communications Formalizes Long-term VPP Research Collaboration with Busan City Gas, Shinhwa SNC and Malaysia-based Tenaga Nasional Berhad	19-04-01	CI
Busan City Gas Co., Ltd. Reports Audited Earnings Results for the Year Ended December 31, 2017	18-05-17	CI
Busan City Gas Co., Ltd. Reports Audited Earnings Results for the Year Ended December 31, 2016	17-05-17	CI
Busan City Gas Co., Ltd.(KOSE:A015350) dropped from S&P Global BMI Index	16-09-19	CI
SK E&S Co., Ltd. completed the acquisition of an additional 29.99% stake in Busan City Gas Co., Ltd. for approximately KRW 110 billion.	13-12-08	CI
SK E&S Co., Ltd. made an offer to acquire remaining 55.89% stake in Busan City Gas Co., Ltd. for approximately KRW 210 billion.	13-11-19	CI
Busan City Gas Co., Ltd.(KOSE:A015350) added to S&P Global BMI Index	13-09-23	CI

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Company Profile

Busan City Gas. Co. Ltd. is a Korea-based company engaged in the distribution of liquefied natural gas (LNG) in Busan City. The Company mainly operates city gas business. Its LNG is purchased from Korea Gas Corporation. Its LNG is mainly used in office buildings, residential applications, industrial applications, cold and warm water supply systems, transportations and power generation systems. In addition, the Company engages in the rental business. On December, 16, 2013, SK E&S Co., Ltd. acquired additional shares of the Company. After the transaction, SK E&S Co., Ltd.'s stake in the Company increased from 40% to 67.32%.

Sector

Natural Gas Utilities

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Sector Natural Gas Distribution

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Natural Gas Distribution