The Hong Kong and China Gas Company Ltd. is a gas, water, and energy firm based in Hong Kong. Founded in 1862, it serves the China and Hong Kong markets and is the sole provider of towngas in Hong Kong.
The Hong Kong and China Gas Company Ltd. is listed on the Hong Kong Stock Exchange (HKEX) under the ticker 0003.HK. The Hong Kong and China Gas Company Ltd. prices were resting at well over $1 per share in October 2020. Towngas, which is how The Hong Kong and China Gas Company Ltd. is known by many in the area, is a type of coal-based gas power. A release from the firm in 2020 revealed that the first half of the year saw profits of just over 3,517m HKD. Earnings per share sat at 15 cents HKD in this period.
The company, which supplies utilities to private homes, was reported in 2020 to be moving into the petrochemical sector by participating in an investment project in the Taixing Economic Development Zone, which is located in Jiangsu by the sea in mainland China.
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