English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 29 October 2018, 11:06 HKT/SGT
Share:
    

Source: Zhonghua Gas Holdings Limited
Zhonghua Gas Holdings Limited Announces Positive Profit Alert for nine months ended 30 September 2018
With Strong Contribution from its New Energy Business

HONG KONG, Oct 29, 2018 - (ACN Newswire) - Zhonghua Gas Holdings Limited (the "Company"; Stock Code: 8246) together with its subsidiaries (collective namely the "Group") today announces that positive profit alert for the nine months ended 30 September 2018. Based on the preliminary review of the relevant unaudited consolidated management accounts, the Group expects to record a substantial increase in the total revenue and net profit, by over 70% and 600% respectively, for the nine months ended 30 September 2018 as compared to the nine months ended 30 September 2017, mainly attributable to the growth of projects completed from the Group's New energy business.

Throughout three years of investment in the New energy business, the Group successfully rolls out its development and expansion of the New energy business through organic growth and acquisition, and builds a strong foothold in Tianjin, the People's Republic of China ("PRC") before extending its market foot print into the whole of the PRC, even extending to the Greater China Region.

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


Topic: Press release summary
Source: Zhonghua Gas Holdings Limited

Sectors: Daily Finance, Energy, Alternatives, Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Zhonghua Gas Holdings Limited Related News
Sept 15, 2021 08:53 HKT/SGT
中华燃气控股有限公司宣布与江苏沙钢集团签订战略合作协议 扩展液化天然气加注站及管道气供应业务
Sept 15, 2021 08:52 HKT/SGT
中華燃氣控股有限公司宣布與江蘇沙鋼集團簽訂戰略合作協議 擴展液化天然氣加注站及管道氣供應業務
Sept 15, 2021 08:51 HKT/SGT
Zhonghua Gas Holdings Limited Announces Signing Strategic Cooperation Agreement with Jiangsu Shagang Group for Expanding Liquefied Natural Gas Filling Station and Pipeline Gas Supply Business
Nov 18, 2020 10:20 HKT/SGT
中华燃气控股有限公司宣布完成发行本金额为97,800,000港元之可换股债券之认购协议
Nov 18, 2020 10:19 HKT/SGT
中華燃氣控股有限公司宣布完成發行本金額為97,800,000港元之可換股債券之認購協議
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575