China Gas Holdings Ltd operates within the Natural gas distribution sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Gas Holdings Ltd with three other
natural gas suppliers in Asia:
Osaka Gas Co Limited
of Japan
(2019
sales of 1.37 trillion Japanese Yen [US$12.63 billion]
of which 73%
was Gas),
Saibu Gas Co., Ltd.
of Japan
(203.48 billion Japanese Yen [US$1.87 billion]
of which 62%
was Gas), and
Toho Gas Co Ltd
which is
also
based in Japan
(461.20 billion Japanese Yen [US$4.25 billion]
of which 68%
was Gas Sales).
Sales Analysis.
During the year ended March of 2019, sales at
China Gas Holdings Ltd were HK$59.39 billion (US$7.59 billion).
This
is
an
increase of 12.4%
versus 2018, when the company's sales were HK$52.83 billion.
This was the third consecutive year of growth at China Gas Holdings Ltd.
Sales of Value Added Service saw an increase
that was more than double the company's growth rate: sales were up
32.5% in 2019, from
HK$2.95 billion to HK$3.90 billion.
China Gas Holdings Ltd also saw significant increases in sales in
Sale of Piped Gas (up 19.9% to HK$27.11 billion)
.
Not all segments of China Gas Holdings Ltd experienced an increase in sales in 2019:
sales of Gas Connection fell 1.1% to HK$11.18 billion.
China Gas Holdings Ltd also experienced decreases in sales in
Sales of Lpg (down 0.3% to HK$15.92 billion)
.