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towngas china co ltd (1083) Details

Towngas China Company Limited, an investment holding company, sells and distributes piped gas in the People’s Republic of China. It is engaged in the storage, transportation, and distribution of natural gas. The company is also involved in the construction of gas pipelines and gas connection facilities; operation of city gas pipeline network and gas fuel automobile refilling stations; and sale of gas household appliances. It serves approximately five million households. The company was formerly known as Panva Gas Holdings Limited and changed its name to Towngas China Company Limited in May 2007. The company was founded in 1998 and is headquartered in North Point, Hong Kong. Towngas China Company Limited is a subsidiary of The Hong Kong and China Gas Company Limited.

20,324 Employees
Last Reported Date: 04/12/14
Founded in 1998

towngas china co ltd (1083) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $4.7M
Company Secretary and Executive Director
Total Annual Compensation: $3.1M
Compensation as of Fiscal Year 2013.

towngas china co ltd (1083) Key Developments

Towngas China Company Limited Approves Final Dividend for the Year Ended December 31, 2013

Towngas China Company Limited announced that at its AGM held on May 26, 2014, shareholders approved payment of a final dividend of 8 Hong Kong cents per share from the share premium account of the company in respect of the year ended December 31, 2013 with an option for scrip dividend.

Towngas China Company Limited Reports Audited Consolidated Cash Flow Results for the Year Ended December 31, 2013

Towngas China Company Limited reported audited consolidated cash flow results for the year ended December 31, 2013. For the year, net cash generated from operating activities was HKD 1,050.5 million against HKD 1,074.8 million a year ago.

Towngas China Company Limited Presents at Citi Hong Kong and China Corporate Day, May-22-2014

Towngas China Company Limited Presents at Citi Hong Kong and China Corporate Day, May-22-2014 . Venue: Island Shangri-La Hotel, Hong Kong, China.

 

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1083:HK $8.99 HKD -0.02

1083 Competitors

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Company Last Change
China Gas Holdings Ltd $15.56 HKD +0.10
Chinese People Holdings Co Ltd $0.20 HKD -0.001
ENN Energy Holdings Ltd $56.20 HKD -0.10
Husky Energy Inc C$33.63 CAD -0.09
Sino Gas International Holdings Inc $1.22 USD 0.00
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1083

Industry Average

Valuation 1083 Industry Range
Price/Earnings 21.2x
Price/Sales 3.5x
Price/Book 1.9x
Price/Cash Flow 16.5x
TEV/Sales 2.0x
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