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revenue-kept-steady-expansion-keeps-going-for-suzhou-jinhong-gas
revenue-kept-steady-expansion-keeps-going-for-suzhou-jinhong-gas

Revenue kept steady, expansion keeps going for Suzhou Jinhong Gas

Suzhou Jinhong Gas Co. Ltd has revealed its interim results for first-half 2015, with both gross revenue and net profit attributable to shareholders experiencing marginal increases.

Based in Jiangsu province, China, Jinhong Gas is one of the largest domestic industrial gas companies in East China and has been steadily growing in recent years.

This culminated in the company listing on the national equities exchange in China in December as the company sought to continue to further its development.

This steady progression appears on track in the company’s latest results. Gross revenue for the period ending 30th June 2015 increased 4.3% to RMB 250.6m ($40m approx.) compared to the same period last year (2014: RMB 240.3m), while net profit attributable to the shareholders of the listed company also increased 2.3% compared to the same period last year, to RMB 20.5m ($3.3m).

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