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guangdong-huate-gas-now-a-listed-company
guangdong-huate-gas-now-a-listed-company

Guangdong Huate Gas now a listed company

Guangdong Huate Gas Co. Ltd (Huate Gas), one of the biggest domestic industrial gas companies in China, is now listed in the National Equities Exchange and Quotations (NEEQ) system, also known as the New Third Board.

As a result, the company became open for public exchange from 22nd February.

It also disclosed its recent financials as part of the listing, revealing income for year 2014, year 2015, and first half of year 2016 as being RMB 610m ($88.4m), RMB 687m ($99.6m), and RMB 320m ($46.4m), respectively.

The corresponding net profits were RMB 48.4m ($7m), RMB 50.89m ($7.4m), and RMB 18.94m ($2.8m), respectively.

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