Hsin Tai Gas Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 05:29 pm EDT
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Hsin Tai Gas Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 642.66 million compared to TWD 653.6 million a year ago. Net income was TWD 115.43 million compared to TWD 94.21 million a year ago. Basic earnings per share from continuing operations was TWD 0.71 compared to TWD 0.58 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to TWD 0.58 a year ago.
For the six months, sales was TWD 1,358.84 million compared to TWD 1,331.58 million a year ago. Net income was TWD 226.39 million compared to TWD 201.38 million a year ago. Basic earnings per share from continuing operations was TWD 1.39 compared to TWD 1.24 a year ago. Diluted earnings per share from continuing operations was TWD 1.39 compared to TWD 1.24 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.