The Group’s subsidiary, Towngas Smart Energy Company Limited, saw strong growth in core operating profit, with the net profit of its renewable energy business surging to HK$164 million.

Towngas Smart Energy reported a profit increase last year amid a slowing economy, as the subsidiary of Hong Kong's sole gas provider reaped the benefits from its investments in renewable energy in ...

The Hong Kong and China Gas Company Limited (Towngas) is committed to promoting sustainable development and has been actively encouraging public awareness of biodiversity issues in recent years.

Meanwhile, its subsidiary Towngas Smart Energy Company Limited reported a 34.5% growth in its core operating profit to reach $1.601b. Its renewable energy business saw a fivefold surge in net ...

As of 31 December 2024, Towngas Smart Energy’s cumulative grid-connected photovoltaic capacity reached 2.3 gigawatts, with ...

During three years of share price growth, Towngas China achieved compound earnings per share growth of 19% per year. This EPS growth is higher than the 12% average annual increase in the share price.

Shares of Hong Kong & China Gas Co., also known as Towngas, fell in early trading Tuesday after it reported weaker-than-expected earnings and declined to issue bonus shares. The stock was last 14% ...

Towngas, as the Hong Kong utility giant is known, remains as a strategic shareholder in EcoCeres, according to a statement on Thursday, which confirmed an earlier Bloomberg News report.

Towngas China Co is undergoing significant connected transactions involving the transfer and disposal of equity interests and assets in its extended business in the PRC, and the acquisition of ...

Towngas - or the Hong Kong and China Gas Company - said on Monday it has developed a new hydrogen extraction system that can supply almost pure hydrogen through its existing pipeline network as a ...

Towngas’s deal comes amid hopes that China can reduce its dependence on foreign intellectual property suppliers during an escalating technology war with the United States. StarFive will ...