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:
Toho Gas Co Ltd
of JAPAN
(2020
sales of 485.62 billion Japanese Yen [US$4.68 billion]
of which 62%
was Gas Sales),
Titas Gas Transm and Dist Co Ltd
of BANGLADESH
(169.88 billion Bangladeshi Taka [US$2.01 billion]
of which 100%
was Natural Gas Distribution), and
Osaka Gas Co Limited
which is
based in JAPAN
(1.37 trillion Japanese Yen [US$13.19 billion]
of which 70%
was Gas).
Sales Analysis.
During the year ended March of 2020, sales at
China Gas Holdings Ltd were HK$59.54 billion (US$7.68 billion).
This
is
a very small
increase of 0.3%
versus 2019, when the company's sales were HK$59.39 billion.
This was the fourth straight year of sales 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
28.8% in 2020, from
HK$3.90 billion to HK$5.03 billion.
China Gas Holdings Ltd also saw significant increases in sales in
Gas Connection (up 10.2% to HK$12.32 billion)
.
Not all segments of China Gas Holdings Ltd experienced an increase in sales in 2020:
sales of Engineering Design and Construction fell 89.3% to HK$1.37 billion.
China Gas Holdings Ltd also experienced decreases in sales in
Sale of Piped Gas (down 0.2% to HK$27.05 billion)
and
Sales of Lpg (down 13.5% to HK$13.77 billion)
.