The Hong Kong and China Gas Co Ltd - Company Profile
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The Hong Kong and China Gas Co Ltd (Towngas) is an energy company that produces distributes and markets the gas, water and related activities in Hong Kong and China. The company’s strong presence in Hong Kong, diversified operations, and business performance of gas water and related business segment strengthened its operations, even as increase in debt and safety issues are areas for concern. Increase in demand for oil globally, strategic agreements and launch of new technology could provide new growth opportunities to the company. However, stringent regulations, geopolitical instability and intense competition could affect the company’s business operations.
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