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Hong Kong and China Gas Co Ltd (0003.HK)

0003.HK on Hong Kong Stock

15.06HKD
13 Nov 2018
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HK$16.28
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HK$13.31

Latest Key Developments (Source: Significant Developments)

Hong Kong And China Gas Co Ltd Posts FY Profit Of HK$8,225.3 Mln
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Hong Kong And China Gas Co Ltd <0003.HK>::FY PROFIT ATTRIBUTABLE HK$ 8,225.3 MILLION VERSUS HK$7,340.7 MILLION.FY ‍REVENUE HK$32,476.5 MILLION VERSUS HK$28,557.1​ MILLION.PREDICTS STEADY GROWTH IN ITS NUMBER OF CUSTOMERS IN HONG KONG DURING 2018.‍RECOMMEND A FINAL DIVIDEND OF HK23 CENTS PER SHARE​."INCREASING LOCAL MANPOWER COSTS AND OPERATING EXPENSES ARE LEADING TO RISING COSTS FOR BUSINESSES GENERALLY".INCREASE IN STANDARD GAS TARIFF EFFECTIVE FROM 1ST AUGUST 2017 IS HELPING TO OFFSET SOME OF ITS OWN RISING OPERATING COSTS.  Full Article

Joinn Laboratories China unit obtains high-tech enterprise recognition
Wednesday, 28 Feb 2018 

Feb 28(Reuters) - Joinn Laboratories China Co Ltd <603127.SS> ::Says its unit recognized as high-tech enterprise .Says its unit will enjoy tax preference of 15 percent for three years from Dec. 7, 2017 .  Full Article

Towngas issues its first 10-year green bond to fund waste-to-energy projects
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Hong Kong and China Gas Co Ltd <0003.HK>:Says it has issued inaugural green bond through a HK$600 million ($76.90 million) and a 2 billion yen ($17.59 million) transaction to fund waste-to-energy projects.  Full Article

Eurocrane China sets up JV in Shanghai and wholly owned unit in Suzhou
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Eurocrane China Co Ltd <603966.SS>:Says it set up a wholly owned intelligent technology unit in Suzhou and registered capital of 50 million yuan .Says it set up a shanghai-based industry development JV with a registered capital of 150 million yuan and hold 15 percent stake in the JV .  Full Article

Hong Kong And China Gas says U-Tech successfully tendered for a sub-contract
Tuesday, 22 Aug 2017 

Aug 22 (Reuters) - Hong Kong And China Gas Co Ltd <0003.HK>::U-Tech successfully tendered for a sub-contract for carrying out of MVAC installation works at property for smart bright.Under terms of letter of award, U-Tech will carry out MVAC installation works at property at sum of HK$83.8 million.  Full Article

Eurocrane China to set up three subsidiaries
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Eurocrane China Co Ltd <603966.SS> ::* Says it plans to invest $10 million to set up a Hong Kong unit Eurocrane International Ltd and invest $10 million to set up Singapore unit Eurocrane(Singapore)Holding.Pte.Ltd. .* Says it will invest 100 million yuan to set up an investment subsidiary in Suzhou or Shanghai.  Full Article

Hong Kong and China Gas says HY profit attributable HK$‍4.5 bln vs HK$4.3 bln
Monday, 21 Aug 2017 

Aug 21 (Reuters) - Hong Kong And China Gas Co Ltd <0003.HK>:HY profit attributable HK$‍4,472​ million versus HK$4,331 million.HY revenue after fuel cost adjustment HK$15,431 million versus HK$14,162 million.Interim dividend HK 12 cents per share."Company predicts steady growth in its number of customers in Hong Kong during 2017".  Full Article

Hong Kong And China Gas says U-Tech tendered for a sub-contract
Friday, 5 May 2017 

May 5 (Reuters) - Hong Kong And China Gas Co Ltd <0003.HK>:U-Tech, had by signing and returning letter of award to Heng Lai on 5 May 2017 successfully tendered for a sub-contract.Under terms of letter of award, U-Tech will carry out electrical installation works at property at sum of HK$74.5 million.Says sub-contract for carrying out of electrical installation works at property for Heng Lai.  Full Article

Hong Kong and China Gas Co FY profit attributable HK$7.34 bln
Thursday, 16 Mar 2017 

Hong Kong And China Gas Co Ltd <0003.HK> : FY revenue hk$ 28.56 billion versus HK$29,591.3 million a year ago . FY profit attributable HK$7.34 billion versus HK$7.30 billion . Company predicts steady growth in its number of customers in Hong Kong during 2017 .Recommend a final dividend of HK23 cents per share.  Full Article