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Company Profile For Korea Gas Corp

Korea Gas Corp (036460.KS) (Korea Stock Exchange)
sector: Energy · industry: Oil & Gas Refining & Marketing ·
As of  7:44am IST
49,850.00KRW
Price Change
-1,050.00
Percent Change
-2.06%
 
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Overview

Korea Gas Corporation is a Korea-based company engaged in the production and distribution of natural gas. The Company imports liquefied natural gas (LNG) and supplies it to gas utility companies, city gas companies and power generation plants in Korea. The Company also supplies natural gas, purifies and sells gas related by-products, builds and operates gas production facilities and distribution works, and explores, imports and exports natural gas for domestic and overseas markets. The Company established a Russia-based subsidiary, Kogas Vostok Limited Liability Company, engaged in gas pipeline construction business, on July 7, 2009.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 December 2008, Korea Gas Corporation's total revenue increased 62% to W23.414T. The Company's net income decreased 11% to W327.85B. Revenues reflect increased demand for city gas and natural gas finished goods. Net income was offset by lower gross profit margin, higher loss on valuation of derivatives and higher loss on derivative transactions as well as higher loss on foreign currency translations.

Company Address

Korea Gas Corp
215 Jungja-Dong,
Boondang-Gu
Sungnam-si, Gyeonggi-Do     463-815
P: +8231.7100114
F: +8231.7100399

Total Employees

2806

Company Web Links

Find Out More About 036460.KS

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