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profits-of-chinese-gas-companies-reflect-increase-in-gas-demands
profits-of-chinese-gas-companies-reflect-increase-in-gas-demands

Profits of Chinese gas companies reflect increase in gas demands

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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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