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Towngas China Company Limited Company Snapshot
Business Description:
Towngas China Company Limited operates in the Liquefied petroleum gas dealers sector. Towngas China Company Limited is an investment holding company. Its subsidiaries are principally engaged in the sales and distribution of piped gas in China, including the provision of piped gas, construction of gas pipelines, the operation of city gas pipeline network, the operation of Gas Fuel automobile refilling stations, and the sale of gas household appliances. The Company operates in two segments: Sales and distribution of piped gas and related products, and Gas pipeline construction. The Gas pipeline construction segment engages in the construction of gas pipeline networks under gas connection contracts. In July, 2010, it acquired 100% equity interest in Towngas BVI from Hong Kong & China Gas (China) Limited, a wholly owned subsidiary of The Hong Kong and China Gas Company Limited (HKCG). In September 2010, it acquired 60% in Jiujiang Hong Kong and China Gas Co., Ltd. (Jiujiang). In July 2010, it acquired 95% equity interest in Guilin Hong Kong and China Gas Co., Ltd. (Guilin). In our complete report available for purchase the company is compared to: Sino Gas Group Limited, Titan Petrochemicals Group Ltd and Loudong General Nice Resources (China) Holdings Limited.
   
   
 
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Towngas China Company Limited
  Stock Performance Chart for Towngas China Company Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 4.45
(Figures in Hong Kong Dollars)
1 Week -0.9%   13 Weeks 3.2%  
4 Weeks 3.7%   52 Weeks 12.1%  
 
Towngas China Company Limited Key Data:
  Ticker: 1083 Country: HONG KONG
  Exchanges: HKG Major Industry: Oil, Gas, Coal & Related Services
    Sub Industry: Liquefied Petroleum Gas Distributors
  2010 Sales 2,981,420,000
(Year Ending Jan 2011).
Employees: 15,744
  Currency: Hong Kong Dollars Market Cap: 10,948,534,494
  Fiscal Yr Ends: December Shares Outstanding: 2,460,344,830
  Share Type: Ordinary Closely Held Shares: 1,630,074,755
 
 
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