The Hong Kong and China Gas Company (Towngas)
Founded in 1862, The Hong Kong and China Gas Company Limited (Towngas) is one of the largest energy suppliers in Hong Kong.
Renewable energy segment boosts Towngas Smart Energy’s H1 earnings
Renewable energy segment boosts Towngas Smart Energy’s H1 earnings
Its core operating profit also leaped over 50%.
Towngas net profits down by 16% YoY to $3.04b
Geopolitical tensions and hot weather posed a challenge to the group's business.
Towngas backs energy sector with global internship programme
Currently, Towngas has provided internship opportunities to 60 students.
Hong Kong launches 1st gas-powered food waste processing machine
It will reduce food waste by over 90%.
Towngas installs governor kiosks with IoT and solar energy
The kiosks, now known as smart governors, will be doubled to 200 next year.
Towngas profit up over 57% to $4.2b in H1
This was driven by the economic recovery in Mainland China.
Towngas profit climbs 34% to $778m
It saw a sharp increase in demand as the COVID-19 situation was taken under control in China.
Towngas, CATL partner to achieve green zero-carbon industry
This is in line with China’s dual carbon goals.
More incentives await Hong Kongers as firms join vaccine campaign
Fully vaccinated residents get a chance to win up to $10,000 vouchers or small appliances.
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