Profits of Chinese gas companies reflect increase in gas demands


Four of China’s industrial gas companies have released their results for the first half of 2018.

SuzhouJinhong Gas

Suzhou Jinhong Gas reported total revenue of RMB 503.4m ($74.4m), an increase of 27.6% from the same period in 2017.

Operating profit demonstrates a satisfactory increase of 136.5% to RMB 79.3m ($11.7m). Net profit jumped 135.9% from RMB 27.2m ($4m) for the first half of 2017 to RMB 64.1m ($9.5m).

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