Source (1888PressRelease) August 12, 2013 - The Avanti Group the equities research house based in Tokyo, providing professional trading and investment research solutions to institutional and private investors across the globe have recently drawn...
|Scooped by John Hughman|
(1888PressRelease) August 12, 2013 - The Avanti Group the equities research house based in Tokyo, providing professional trading and investment research solutions to institutional and private investors across the globe have recently drawn their investor's attention to China Gas Holdings Ltd a company that distributes and sells natural gas to residential, commercial and industrial users, operating and managing gas pipelines.
CGHL based in Hong Kong is growing at an exceptional rate year on year. Their main area of business is in the construction and operation of city gas pipelines. At present CGHL owns the exclusive city gas concessions for 184 cities and regions, with over 33,000 kilometers of gas pipeline serving over 7 million households. With a strong hold all over China and with its expansion into India and South Korea they are perfectly poised for further growth.
The gas giant similar to many corporations in China use a five-year plan strategy, now approaching their 12th year of successful business seeing growth figures never accomplished by Gas corporations within the U.S. or Europe. Involved in the supply of over 1,600 industrial customers and 43,000 commercial customers and adding their 120 processing stations and over 130 refilling stations you can see the magnitude and depth of this colossal company. These are astounding numbers and with China's move away from older and less green industries like coal the future of CGHL looks very bright.
"With China Gas Holdings ongoing expansion of their city gas concession network last year they grew from 157 concessions to 184 giving an additional 27 new city locations or regions to their portfolio which is the largest in China. CGHL is growing in all aspects of their business. Their commercial, Industrial and residential bases all see improvements adding value and gains," said Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.
The corporation's subsidiary holdings include Iwai's Holdings Ltd also based in Hong Kong, Hai Xia Finance Limited, Wellgem Asia Limited, Elegant Cheer Limited and Zhongran Gas (Shenzhen) Company Limited among others. China Gas Holdings Ltd. annual report show record high revenue, profits and dividends net profits up 85% last year. In the coming year along expansion is set to continue at record pace, expanding their CNG and LNG network of refilling stations for vehicles and vessels and growing their ventures overseas with projects underway in India and South Korea all set to generate similar profit yields.
"The future of China Gas is clear and we will continue to advise clients as to the best solutions for adding related stocks and acquiring shares within this market place. With continuing expansion and growth both at home and overseas China Gas Holdings Ltd could be one of the biggest stories on the Hong Kong Stock Exchange over the next 12 to 24. We will be closely monitoring this growing company and associated industries that will benefit within this sector," concluded Andrew Taylor Senior Vice President of Mergers and Acquisitions at The Avanti Group.
The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders worldwide, founded in early 2003.