English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 11 February 2019, 08:56 HKT/SGT
Share:
    

Source: Zhonghua Gas Holdings Limited
Zhonghua Gas Holdings Limited Announces Positive Profit Alert of Recording Increase of Net Profit of Approximately 90% for the FY2018

HONG KONG, Feb 11, 2019 - (ACN Newswire) - Zhonghua Gas Holdings Limited (the "Company"; Stock Code: 8246) together with its subsidiaries (collective namely the "Group") today announces that the Group is expected to record a significant increase in consolidated net profit for the year ended 31 December 2018 (the "Current Year") of approximately 90% as compared to that for the year ended 31 December 2017 (the " Previous Year"). The Board of Directors considered that the significant increase in the Current Year's consolidated net profit of the Group was mainly attributable to the increase in the revenue in the provision of diverse integrated new energy services, and the positive contribution from the 5-year tax concession incentive plan obtained from the relevant government department of the People's Republic of China.

The Group has been developing the New energy business for three years, during which it successfully expands the business through organic growth and acquisition. Riding on the strong commitment of the PRC government in New Energy state policy, the Group will expand its strong foothold from Tianjin, to extend the market footprint into the whole of the PRC, and even to cover 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: [email protected]


Topic: Press release summary
Sectors: Daily Finance, Energy, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Zhonghua Gas Holdings Limited Releated News
Aug 13, 2019 09:29 HKT/SGT
中华燃气控股有限公司宣布截至二零一九年六月三十日止六个月的经审核业绩
Aug 13, 2019 09:28 HKT/SGT
中華燃氣控股有限公司宣布截至二零一九年六月三十日止六個月的經審核業績
Aug 13, 2019 09:27 HKT/SGT
Zhonghua Gas Holdings Limited Announces Audited Results for the Six Months Ended 30 June 2019
July 31, 2019 09:02 HKT/SGT
中华燃气控股有限公司宣布正面盈利预告
July 31, 2019 09:01 HKT/SGT
中華燃氣控股有限公司宣布正面盈利預告
More news >>
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6653 1210 | Tokyo: +81 3 6859 8575