Hsin Kao Gas Co Ltd operates within the Natural gas distribution sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hsin Kao Gas Co Ltd with three other
natural gas suppliers in Asia:
Renaissance United Ltd
sales of 52.48 million Singapore Dollars [US$39.55 million]
Scan Inter PCL
(1.50 billion Thai Bahts [US$48.01 million]
of which 77%
was Gas related business), and
Zhonghua Gas Holdings Ltd
based in CHINA
(243.70 million Chinese Renmimbi [US$38.04 million]
of which 100%
was New Energy Business).
During the first
quarter of 2021, sales at Hsin Kao Gas Co Ltd totalled
339.80 million Taiwanese Dollars .
This is a drop of 12.4%
from the 387.84 million Taiwanese Dollars in sales at the company during the first quarter in 2020.
There appears to be at least some degree of seasonality in the sales at Hsin Kao Gas Co Ltd: during 8 of the previous 9
years, sales were highest during the first quarter.
The exception to this was during 2017, when the
fourth quarter was the best quarter, accounting for
29% of sales (during that same year, the
first quarter accounted for 24% of sales).
During the year ended December of 2020, sales at
Hsin Kao Gas Co Ltd were 1.23 billion Taiwanese Dollars (US$44.56 million).
decrease of 15.3%
versus 2019, when the company's sales were 1.46 billion Taiwanese Dollars .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Hsin Kao Gas Co Ltd had sales
of 1.26 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 42.1% decline
in Other, from 40.39 million Taiwanese Dollars to 23.38 million Taiwanese Dollars .
There were also decreases in sales in
Gas Sale (down 18.2% to 976.23 million Taiwanese Dollars )
However, these declines were partially offset by the increase in sales of
Pipeline Installations (up 9.6% to 232.90 million Taiwanese Dollars )