The Hong Kong and China Gas Co Ltd - Company Profile
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The Hong Kong and China Gas Co Ltd (Towngas) is a major energy supplier. The company engages in providing energy solutions, including piped city-gas projects and renewable energy solutions. Towngas offers products such as solar photovoltaic systems, hydrogen energy, and sustainable aviation fuels. It serves a diverse range of customers, including residential, commercial, and industrial sectors. Towngas operates across various industries, providing energy solutions for applications on land, sea, and air. Its customer base includes residential, commercial, and industrial sectors in China and Hong Kong. Towngas is headquartered in Hong Kong.
Headquarters
Hong Kong
Address
23rd Floor, 363 Java Road, North Point, Hong Kong City
Website
www.towngas.com
Telephone
852 296 33292
No of Employees
2,120
Industry
Energy and Utilities
Ticker Symbol & Exchange
3 (HKG)
Revenue (2024)
$7.0B
-2.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-0.4%
(2024 vs 2023)
Market Cap*
$17.8B
Net Profit Margin (2024)
XYZ
1.7%
(2024 vs 2023)
* As of and is in US$
The Hong Kong and China Gas Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Appliance Testing |
| Ethanol | Engineering Services |
| Industrial Gas | Gas Bill Payment Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Others | In July, the company's Joint Venture VENEX received first global sustainable transport certification. |
| 2026 | Contracts/Agreements | In June, the company and Geely Farizon announced strategic partnership to expand methanol applications in Hong Kong. |
| 2026 | Contracts/Agreements | In June, the company signed a partnership agreement with Zhejiang Lvdong Alcohol Hydrogen Technology Service a comprehensive methanol energy value chain, to develop and drive the low-carbon transition of transport and construction sectors in Hong Kong. |
Competitor Comparison
| Key Parameters | The Hong Kong and China Gas Co Ltd | ENN Energy Holdings Ltd | China Resources Power Holdings Co Ltd | CLP Holdings Ltd | China Power International Development Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | China | Hong Kong | Hong Kong | Hong Kong |
| City | Hong Kong City | Langfang | Hong Kong City | Hong Kong City | Hong Kong City |
| State/Province | - | Hebei | - | - | - |
| No. of Employees | 2,120 | 35,197 | 21,858 | 8,415 | 14,776 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yeung Lui-ming | Director; Chief Financial Officer | Executive Board | 2024 | 58 |
| Chan Ying-lung | Director; Chief Investment Officer | Executive Board | 2024 | 46 |
| Peter Wong Wai-yee | Managing Director; Director | Executive Board | 2022 | 74 |
| Martin Kee Wai-ngai | Chief Operating Officer; Head - Group Safety and Property Management | Senior Management | 2025 | 59 |
| Lam Ming-wing | Chief Strategy Officer - Mainland Gas Business; Chief Human Resources Officer | Senior Management | 2025 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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